Norway Expands Bitcoin Footprint Through MicroStrategy Holdings

Description

Norges Bank Investment Management (NBIM) , Norway’s sovereign wealth fund giant, has been discreetly increasing its Bitcoin exposure—with a unique twist. They have strategically increased their indirect holdings by 153% by placing a shrewd wager on MicroStrategy , rather than rushing headfirst into the volatile crypto market. By the conclusion of 2024, NBIM had acquired approximately $500 million in MicroStrategy, which amounted to more than 1.1 million shares. Norway is able to pursue the poten...