Norway’s Sovereign Wealth Fund Quadruples Bitcoin Holdings, Signaling Wider Crypto Acceptance

Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), recently took a bold step by increasing its indirect Bitcoin exposure by a remarkable 192% in Q2 2025. This resulted in the fund holding over 7,161 BTC through equity stakes in leading cryptocurrency companies like Strategy and Coinbase, totaling approximately $844 million in value. The fund’s increased investment underscores the increasing integration of Bitcoin into diverse investment strategies across financial institutions, even as market dynamics evolve.