Norway’s Sovereign Wealth Fund Doubles Bitcoin Holdings in One Year

Norway’s Government Pension Fund Global (NBIM) saw a significant boost to its Bitcoin exposure, with holdings surging by 192% in just one year. According to K33 Research data, NBIM now holds 7,161 BTC, up from 3,821 BTC at the end of 2024. This substantial increase reflects a growing institutional confidence in Bitcoin as an asset class. The fund’s strategy, which involves indirect Bitcoin exposure through companies like MicroStrategy, Coinbase, and Tesla, aligns with the wider trend of traditional finance adopting digital assets.