Saudi Central Bank Invests in Bitcoin via Strategy Shares
The Saudi Arabian Monetary Authority (SAMA) has taken a position in Strategy (formerly MicroStrategy), securing indirect exposure to Bitcoin.
SAMA, the Saudi central bank, has taken an indirect position in Bitcoin by investing in Strategy (formerly MicroStrategy, MSTR).
The transaction, revealed in a FORM 13F filed with the SEC, lists SAMA as holding 25,656 shares worth nearly $27 million. It’s the first time the bank appears among Strategy’s institutional investors, signaling a notable shift in sovereign investment strategy.
MSTR’s name is practically synonymous with Bitcoin at this point. Since the end of 2020, the firm has pursued a bold strategy of converting its balance sheet into a Bitcoin treasury. That approach has made its shares a favored instrument for those seeking indirect crypto exposure.
Recently, Strategy added 13,390 BTC (about $1.34 billion), pushing its total reserves to 568,840 BTC — a cache now valued near $59.1 billion.
At the start of the year, the company embraced a new identity — a rebranding rooted in Bitcoin conviction and fintech ambition.
Yet the accumulation play, driven by founder Michael Saylor’s unwavering belief in BTC, comes with its own weight. It’s a high-stakes path shaped by market turbulence and regulatory gray zones.
Check this out: Tether Acquires 4,812 BTC for Twenty One Capital Ahead of Public Listing
Alongside its stake in Strategy, the Saudi Central Bank has taken a position in Coinbase, acquiring 13,262 shares worth roughly $13.2 million.
Coinbase, once the trailblazer that brought crypto exchanges to Wall Street via IPO, recently cemented its status with inclusion in the S&P 500 index — a first for any crypto-native company.
SAMA’s entry into the investor pool of a well-known Bitcoin firm has sparked waves of discussion in the crypto world.
Central banks usually keep their distance from crypto, wary of volatility and regulation. But SAMA made a calculated move — backing Bitcoin through a public proxy.
Read more: What Does HODL Mean? Lessons for New Traders
In any case, the Saudi Central Bank’s presence on the shareholder rolls of Strategy and Coinbase suggests more than a financial move. It gestures toward a future where digital gold stands shoulder to shoulder with traditional financial instruments.
For other central banks and sovereign funds navigating economic turbulence, this may be seen as a precedent worth watching — or even following.
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