💰 Norway is going big on Bitcoin!
The country’s sovereign wealth fund, NBIM, has increased its indirect BTC holdings by 192% this year—rising from 3,821 BTC to 7,161 BTC (worth ~$844M) 📈
This growth came mainly from investments in Bitcoin-heavy companies like MicroStrategy (adding 3,005.5 BTC to NBIM’s exposure) and Marathon Digital. Other contributors include Block, Coinbase, Metaplanet, Tesla, and even GameStop 🎯
Analysts say this reflects a growing trend—Bitcoin becoming part of diversified portfolios, sometimes by design, other times as a side effect of equity investments in BTC-rich firms 🔄
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