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Saudi Government-Backed Gulf International Bank (UK) Reaffirms $2.9 Million Indirect Bitcoin Exposure via MicroStrategy Stake
The bank, which is 97.2% owned by Saudi Arabia's Public Investment Fund (PIF), disclosed in a U.S. SEC Form 13F filing that it held 19,842 shares of MicroStrategy at the end of September. While the third-quarter valuation was approximately $3.04 million, current market estimates place the value at around $2.9 million. Gulf International Bank (UK) has maintained its MicroStrategy holding since 2024 and did not adjust its position in the third quarter of 2026.
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