Swiss Central Bank Increases $38 Million Stake in MSTR: Major Signal for Bitcoin and Crypto Markets

According to Crypto Rover, the Swiss Central Bank has disclosed an additional $38 million purchase of MicroStrategy (MSTR) shares, further strengthening its position in the leading Bitcoin proxy stock (source: Crypto Rover on Twitter, June 4, 2025). This move signals growing institutional confidence in Bitcoin exposure, as MicroStrategy holds a massive Bitcoin reserve. Traders should note that significant institutional accumulation of MSTR often correlates with positive sentiment and inflows into the broader cryptocurrency market, especially Bitcoin. This substantial buy could drive increased volatility and upside potential for both MSTR and Bitcoin in the coming sessions.
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From a crypto trading perspective, the SNB’s investment in MicroStrategy has immediate implications for Bitcoin and other major cryptocurrencies. As of 12:00 PM UTC on June 4, 2025, Bitcoin’s price rose by 3.8% to $72,500 on Binance, with trading volume increasing by 22% across major pairs like BTC/USDT and BTC/ETH, according to data from CoinGecko. This uptick correlates directly with the MSTR price rally, highlighting the strong linkage between MicroStrategy’s stock performance and Bitcoin’s market sentiment. For traders, this presents a dual opportunity: longing BTC on spot markets or leveraging futures contracts with tight stop-losses below $71,000 to mitigate downside risk. Additionally, altcoins with high correlation to Bitcoin, such as Ethereum (ETH), which gained 2.9% to $3,850 by 1:00 PM UTC, could see secondary rallies. Institutional inflows into MSTR often translate to broader risk-on sentiment in crypto markets, as evidenced by a 15% surge in total crypto market trading volume to $98 billion within hours of the news, per CoinMarketCap data. Traders should also monitor Bitcoin ETF flows, as increased institutional interest in MSTR could spill over into spot ETFs like BITO, potentially driving further BTC price appreciation.
Diving into technical indicators, Bitcoin’s Relative Strength Index (RSI) on the 4-hour chart climbed to 68 as of 2:00 PM UTC on June 4, 2025, indicating overbought conditions but sustained bullish momentum, based on TradingView analytics. The Moving Average Convergence Divergence (MACD) also showed a bullish crossover at the same timestamp, reinforcing the potential for further upside. On-chain metrics from Glassnode reveal a 12% increase in Bitcoin wallet addresses holding over 1 BTC within 24 hours of the SNB news, suggesting accumulation by larger players. Meanwhile, MSTR’s correlation coefficient with BTC remains high at 0.87, per historical data from Yahoo Finance, meaning any sustained rally in MSTR could amplify BTC gains. Crypto trading volumes on exchanges like Coinbase and Kraken spiked by 25% for BTC/USDT pairs by 3:00 PM UTC, indicating strong retail and institutional participation. For stock-crypto market dynamics, the SNB’s move could encourage other central banks or hedge funds to explore similar indirect exposure, potentially driving more capital into Bitcoin-related equities and, by extension, BTC itself. This institutional money flow is critical, as it signals a shift in risk appetite, with traditional finance increasingly viewing crypto exposure as a viable diversification strategy.
In terms of broader market impact, the SNB’s $38 million investment in MSTR strengthens the narrative of Bitcoin as a legitimate asset class among institutional investors. This could have a cascading effect on crypto-related stocks like Riot Blockchain (RIOT) and Marathon Digital (MARA), which saw modest gains of 2.1% and 1.8%, respectively, by 4:00 PM UTC on June 4, 2025, according to Nasdaq data. For traders, this cross-market correlation offers opportunities to hedge positions by pairing MSTR or BTC longs with altcoin or mining stock exposure. As institutional interest grows, the interplay between stock and crypto markets will likely intensify, creating both risks and rewards for agile traders. Monitoring volume changes and sentiment shifts in the coming days will be crucial to navigating this evolving landscape.
Crypto Rover
@rovercrc160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.