Norway and Switzerland's Central Banks Hold a Hidden Bitcoin Stash via MicroStrategy (MSTR) Investment

Norges Bank, managing Norway's Government Pension Fund, holds 1.123 million shares of MicroStrategy (MSTR), while the Swiss National Bank increased

Norges Bank, which manages Norway's Government Pension Fund, now holds 1.123 million shares of MicroStrategy (NASDAQ:MSTR), while the Swiss National Bank increased its holdings by 60% to 466,000 MSTR shares, which is equivalent to a hidden stash of about 500 BTC.

This aligns with earlier reports that showed Norway and Switzerland's central banks significantly increasing their stakes in MicroStrategy, gaining indirect Bitcoin exposure.

As reported by Collin Brown in a tweet on Friday, Norway's Central Bank is also said to be holding approximately 1,400 BTC through its MSTR investment.

? BREAKING: Switzerland’s Central Bank has a hidden #Bitcoin stash via MicroStrategy ($MSTR) with ~500 #BTC! ??? Norway’s Central Bank is also in on the action with about 1,400 BTC! ???

Retweet if you're more bullish than ever! pic.twitter.com/8uVyckSnpe

— Collin Brown (@CollinBrownXRP) September 2, 2024

It is to be noted that MicroStrategy, which is known for being the largest corporate Bitcoin holder with 226,500 BTC, also has shares owned by South Korea's public pension fund and Mitsui Sumitomo, a leading Japanese insurer.

Despite a recent 3.5% decline in MSTR shares, trading at $131.21, co-founder Michael Saylor highlighted that the company has outperformed nearly all S&P 500 stocks since adopting its Bitcoin strategy.

As of today, Bitcoin is trading at $59,220.35, according to CoinMarketCap, surging by 3.27% in the past day and decreasing by 6.26% in the past week.

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