Norway’s Sovereign Wealth Fund Doubles Bitcoin Exposure to $862 Million

Norway’s sovereign wealth fund has significantly increased its Bitcoin holdings, jumping by over 192% to a staggering $862.8 million in indirect assets. This surge comes amidst the growing prominence of cryptocurrencies and reflects the fund’s strategic investment approach. K33 Research reveals that the fund now holds 7,161 Bitcoin worth approximately $1.2 billion, primarily through investments in Strategy, Metaplanet, and U.S. exchange Coinbase.