An update on this.
After a full year, the total BTC indirectly held by SNB surged to 323 BTC, up from 245 one year ago.
SNB is hodling strong!
Hahahahaha
Thanks for the update fillippone.
I realize you are being a bit snarky with your use of the term "surge," but hey we know that even modest amounts of ongoing HODLing of BTC is likely going to pay off for several of the institutions that choose to include BTC in their balances.
Also, it has really been a rollercoaster of a year, so there have been some likely challenges for any newbie HODLers to have to contemplate the level of their BTC conviction, if they happened to have entered into bitcoin any time in the past year.
Of course, some longer term entrants like Saylor and MSTR have an additional 6 months or so that they have been into bitcoin, so that extra 6 months had the potential to bring quite a few extra benefits to those individuals/institutions that front-loaded their BTC investment to some extent.. but even with a 6 month head start, the ups and downs of the last year has the potential of shaking, even profitable folks/institutions out of their holdings if they are not convicted enough in terms of understanding why they are in bitcoin.... and I can imagine that with an institution, there can be divergences of opinions from various leaders within the institution that causes more potential friction (or support) than might be present with individuals.....
Oh, and by the way, these days, a move up from 245 BTC to 323 BTC would be quite difficult for individuals to achieve, but surely not too difficult a move for any major institutions. Interesting times. Interesting times.
