The Swiss National Bank (SNB) owns 714,100 shares of Strategy Inc., a company primarily holding Bitcoin, valued at $109.3 million as of September 30, 2026. Although the SNB has trimmed its stake by about 3% in 2026, the value of its holdings increased due to Bitcoin's price rise. The SNB publicly rejects direct Bitcoin purchases for reserves but gains indirect exposure through this equity stake, which represents only 0.06% of its $192 billion portfolio. This highlights how institutions can access Bitcoin exposure indirectly, while also showing the volatility of Bitcoin-linked equities. The SNB's gradual reduction in shares will be monitored in future filings.
The Swiss National Bank's stake in Strategy shares offers a side door to Bitcoin exposure, valued at $109.3 million as of September 30, 2026. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Nov 13, 2026 22:32 WIB: out of 50 major cryptocurrencies tradable on Pluang, 27 rose and 22 fell. Bitcoin (BTC) traded at Rp1.245.617.438 with a 1-day change of -4.25% and a typical hold time of 113 days, with Pluang order activity showing 27% sell and 73% buy. Ethereum (ETH) was priced at Rp35.000.362, down 4.02%, and Synthetix (SNX) rose 3.87% to Rp2.951 with 100% buy order activity.
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