💰 Norway’s $1.6T Wealth Fund Now Indirectly Holds $900M in Bitcoin 🚀

Norwegian sovereign wealth fund Norges Bank Investment Management (NBIM) boosted its indirect Bitcoin holdings to 7,161 BTC, worth $862.8 million as of June 30, according to K33 research.

The recent six months had an 87.7% growth and the last year 192.7%.

K33 Head of Research Vetle Lunde noted that NBIM's shareholdings in these enterprises are doubled by their Bitcoin holdings.

Lunde remarked that NBIM's wide, diversified investing approach may have led to the exposure rather than a focus on Bitcoin, but it showed how BTC is becoming part of mainstream financial portfolios by default.

Strategy Holdings and Corporate BTC Accumulation Drive Growth
NBIM's investment in business intelligence and corporate BTC treasury company Strategy is the biggest factor increasing its Bitcoin exposure.

NBIM owned 1.05% of the company's shares, worth $1.18 billion, at the end of June, up from 0.72% ($514 million) in 2024. Strategy added 3,340 BTC to NBIM's indirect exposure in the first half of 2025 by increasing its BTC holdings by 145,945 BTC.

Holdings in public firms with large Bitcoin reserves added exposure. Block, Coinbase, MARA, and Metaplanet have raised or maintained large BTC holdings, boosting the trend.

The average Norwegian person has 1,387 Norwegian kroner, or $138, in Bitcoin exposure, according to Lunde

Indirect exposure to Bitcoin is a market trend, Lunde said. Any investor with a diverse equities portfolio today has corporate interests in Bitcoin

As more organizations use BTC for treasury, he expects this tendency to grow. “Odds are high that any index investor or broadly diversified investor currently holds a modest BTC exposure through proxies,” Lunde said, adding that the phenomena would certainly intensify.

In other currencies, BTC is up just 1.5% versus the US dollar index and below January highs in euros. Lunde says €105,600 is a critical barrier level for BTC in euro terms, underscoring currency movements' impact on Bitcoin's worldwide price.

#BTCBreaksATH $BTC