PANews August 12 news, according to CryptoCrunch, Norway's sovereign wealth fund (Norges Bank Investment Management, NBIM) has seen its indirect holdings of Bitcoin increase by 192% this year, reaching 7,161 coins, with a market value of approximately $844 million, a significant rise from 3,821 coins at the end of 2024. The increase mainly comes from investments in Bitcoin-heavy companies such as Strategy (formerly MicroStrategy) 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.
