Swiss National Bank Rejects Calls to Add Bitcoin Reserves

SNB President Martin Schlegel cited liquidity and volatility risks as reasons for not including bitcoin in the Swiss central bank’s reserves.
A 1% bitcoin allocation in 2015 would have nearly doubled the SNB’s portfolio returns with minimal volatility increase, according to the Bitcoin Initiative.
The Swiss National Bank has bitcoin exposure through various U.S. companies that hold bitcoin corporate treasuries, including shares of Strategy, Tesla, and MARA Holdings.