The Saudi Central Bank has disclosed holding 25,656 shares in Strategy Inc., formerly known as MicroStrategy, linking it to Bitcoin exposure through Strategy's substantial crypto holdings.
Strategy, holding 568,840 Bitcoin valued at around $68 billion, is positioning itself as a key player in the institutional adoption of Bitcoin by maintaining significant reserves.
This investment aligns with a broader shift in diversifying sovereign financial assets as the Saudi Central Bank indirectly benefits from Bitcoin's performance without direct purchases.
The move reflects a global trend toward including Bitcoin in sovereign reserves, with countries like El Salvador, Iran, Bhutan, and the UK integrating digital assets into their financial systems.