UBS boosts Bitcoin exposure with $1.12B MicroStrategy stake in 2026

UBS, Switzerland's largest bank, has significantly increased its investment in MicroStrategy, a key Bitcoin proxy, by acquiring an additional 551,121 shares worth about $98 million. This brings UBS's total holdings to 6.31 million shares valued at around $1.12 billion, reflecting a strong institutional shift toward cryptocurrencies. Earlier in 2026, UBS nearly doubled its MicroStrategy stake, signaling growing confidence in digital assets. The bank's move also includes a smaller exposure to XRP, marking a broader embrace of the crypto market as UBS transitions from skepticism to active participation.