Norway’s Biggest Wealth Fund Boosts Bitcoin by 192%
Aslam mu alakum, hello everyone, how are you? Hope you all will be happy and fine. Today I tell you very big news for Bitcoin. The world’s largest sovereign wealth fund, from Norway, has increased its Bitcoin exposure by 192% in the second quarter.
Now Norway indirectly holds 7,161 BTC. This is huge because this fund is one of the biggest investors in the world. When such a big fund puts more money in Bitcoin, it shows strong trust in crypto’s future.
For the crypto market, this is very good news. It can bring more big investors to buy Bitcoin. When demand goes up, price can also go higher. It also shows that Bitcoin is becoming part of big financial systems, not just for small traders.
This news can give more confidence to the market and can help push prices in coming days.
Thank you so much for reading. Allah Hafiz.