Norway's sovereign wealth fund's Bitcoin holdings surge by 192%, reaching 7,161 coins.

According to news from HashWorld, based on reports from CryptoCrunch, Norway's sovereign wealth fund (Norges Bank Investment Management, NBIM) has seen its Bitcoin holdings increase by 192% year-on-year this year, reaching 7,161 coins, with a market value of approximately $844 million, significantly up from 3,821 coins at the end of 2024. The main source of the increase comes from investments in Bitcoin reserve companies such as the former MicroStrategy (now Strategy) and Marathon Digital, with Strategy contributing 3,005.5 coins and Marathon contributing 216.4 coins. Additionally, Block, Coinbase, and Japan's Metaplanet contributed 85.1 coins, 57.2 coins, and 50.8 coins, respectively. Analysts state that institutions are indirectly increasing their digital asset allocation by holding shares in Bitcoin reserve companies.