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At the Swiss National Bank’s 117th general assembly, Bitcoin was again proposed as a reserve asset. Luzius Meisser, representing the Bitcoin Initiative, argued for its inclusion to bolster Switzerland’s financial resilience. The proposal seeks to amend the constitution, mandating the SNB to hold Bitcoin alongside gold.
- A Swiss initiative proposes amending the constitution to mandate the SNB to hold Bitcoin as part of its reserves, alongside gold.
- Bitcoin's liquidity and volatility are comparable to German federal bonds and tech stocks, which already form part of the SNB's portfolio.
- A 1% Bitcoin allocation in the SNB's portfolio over the past decade would have nearly doubled returns with only a marginal increase in volatility.
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