$BTC The largest sovereign fund in the world has an indirect exposure to #bitcoin of over 355 million dollars

Norway's sovereign fund registered a year-on-year increase of 153% in indirect exposure to bitcoin in 2024, according to K33 Research.

The largest sovereign fund in the world, Norges Bank Investment Management (NBIM) of Norway, has accumulated 356.7 million dollars in indirect exposure to bitcoin (BTC), according to K33 Research.

At the end of 2024, the fund indirectly held 3,821 #BTC, reflecting a year-on-year increase of 153% from 1,507 BTC, according to K33. The data highlights the evolution of the fund's indirect exposure to bitcoin, which has increased from just 796 BTC in 2020.

NBIM also holds stakes in a number of publicly traded companies related to cryptocurrencies. At the end of 2024, its holdings included a 0.72% stake in #MicroStrategy (MSTR), equivalent to 500 million dollars, 1.1% of Tesla (TSLA), and investments in Coinbase (COIN), Metaplanet (3350), and MARA Holdings (MARA).