
Norway’s sovereign wealth fund—Norges Financial institution Funding Control (NBIM)—larger its oblique Bitcoin publicity via 153% in 2024 to three,821 BTC, consistent with Vetle Lunde, a senior analyst at K33 Analysis.
Lunde defined that the publicity most likely stems from sector-based funding methods reasonably than an immediate push towards Bitcoin. Then again, the stable building up presentations how BTC is turning into an unavoidable asset in diverse portfolios.

Norwegian Sovereign Wealth Fund Oblique Bitcoin Preserving (Supply: X/Vetle Lunde)
In line with him, this development alerts a maturing marketplace the place institutional publicity to Bitcoin grows without reference to intent.
Lunde identified that NBIM has expanded its holdings in Rebel Platforms and Metaplanet. He additionally famous that his expectancies of a discounted stake in MicroStrategy following its 21/21 plan proved unsuitable, because the fund maintained important publicity.
As of the top of 2024, Norway’s in step with capita oblique Bitcoin publicity stood at 68,837 sats ($64). In USD phrases, NBIM’s Bitcoin publicity has surged from $23 million in 2020 to $356 million.
Norway Sovereign Fund Oblique Bitcoin Holdings (Supply: X/Lunde)
The Norwegian Pension Fund is the arena’s greatest sovereign wealth fund, with belongings amounting to $1.7 trillion, consistent with its Jan. 29 document.
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