Norway’s Sovereign Wealth Fund Sees 192% Increase in Indirect Bitcoin Exposure Through Crypto Investments
Main Idea
Norway’s sovereign wealth fund has significantly increased its indirect Bitcoin exposure by 192% over the past year, holding the equivalent of 7,161 BTC through investments in crypto companies like Strategy and Coinbase.
Key Points
1. Norway’s sovereign wealth fund now holds over $1.2 billion in Strategy’s stock, a 133% increase from 2024.
2. The fund’s Coinbase holdings have surged by over 96% since 2024.
3. The fund’s indirect Bitcoin exposure is equivalent to 7,161 BTC, reflecting a strategic shift towards cryptocurrency investments.
4. Sovereign wealth funds globally are increasingly exploring crypto investments to enhance returns, with Norway’s fund being a notable example.
5. The State of Wisconsin State Investment Board also disclosed a $164 million investment in BTC ETFs, nearly doubling its holdings.
Description
Norway’s sovereign wealth fund has increased its indirect Bitcoin exposure by 192% over the past year, holding the equivalent of 7,161 BTC through investments in crypto companies like Strategy and
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