Norway’s $1.9 Trillion Fund Doubles Bitcoin Exposure via Equity Investments

Norway’s $1.9 trillion sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), has significantly amplified its indirect Bitcoin exposure through investments in firms with substantial cryptocurrency reserves. The fund’s bitcoin-linked holdings increased to 7,161 BTC, representing a whopping 192% year-over-year jump, according to K33 Research data. This growth reflects the fund’s strategy of leveraging existing publicly traded companies for Bitcoin exposure rather than direct investments in cryptocurrencies.