Visualizing the Swiss National Bank's significant $213 million investment in MicroStrategy, linking traditional finance to Bitcoin holdings.
Bitcoin News

Swiss National Bank Unveils Astounding $213M MicroStrategy Investment

A recent revelation has captured significant attention across financial markets. The Swiss National Bank (SNB) holds a substantial investment in MicroStrategy stock, valued at an impressive $213 million. This disclosure, highlighted by BitcoinTreasuries, connects a prominent central bank with a company deeply entrenched in the cryptocurrency ecosystem. Therefore, this development underscores the increasing, albeit indirect, […]

Swiss National Bank VP dismisses Bitcoin as an official asset, highlighting central bank's stringent asset criteria.
Bitcoin News

Bitcoin Faces Critical Rejection from Swiss National Bank

The financial world recently turned its attention to a significant statement. The Swiss National Bank (SNB) has clarified its position on Bitcoin. Its Vice President stated that Bitcoin does not meet the bank’s strict asset criteria. This declaration carries considerable weight. It offers crucial insights into central bank perspectives on cryptocurrencies. Moreover, it highlights the […]