Central Banks of Norway and Switzerland Disclose Massive MicroStrategy (MSTR) Holdings

08/14/2024 22:12
Central Banks of Norway and Switzerland Disclose Massive MicroStrategy (MSTR) Holdings

The shares of MicroStrategy are down 3.5% over the past 24 hours

Central Banks of Norway and Switzerland Disclose Massive MicroStrategy (MSTR) Holdings

Cover image via www.freepik.com

The central banks of Norway and Switzerland have disclosed substantial holdings of MicroStrategy (MSTR) in their 13-F filings. 

Norges Bank, which is responsible for managing the Government Pension Fund of Norway, holds 1.123 million MSTR shares. The Swiss National Bank holds 466,000 MSTR shares, which represents a 60% increase compared to the previous quarter. 

The shares of the Virginia-based business intelligence firm, which is primarily known as the largest corporate holder of Bitcoin, are also owned by South Korea's public pension fund and Mitsui Suitomo, a major Japanese insurance company.  

The shares of MicroStrategy are currently trading at $131.21 after declining 3.5% over the past 24 hours. The company's market cap currently stands at $25 billion. 

MicroStrategy co-founder Michael Saylor recently revealed that the company had outperformed virtually all stocks in the S&P 500 index since adopting its audacious Bitcoin strategy. The company currently holds 226,500 Bitcoins. For comparison, Marathon Digital Holdings, the second-largest corporate owner of the leading cryptocurrency, holds "only" 20,818 BTC.  

In other news, Goldman Sachs recently disclosed that it held roughly $419 million worth of Bitcoin ETF shares in its recent 13-F filing. 

About the author

article image

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at [email protected].

Related articles

Advertisement

TopCryptoNewsinYourMailbox

TopCryptoNewsinYourMailbox

Read more --->