Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), has increased its indirect Bitcoin holdings to 7,161 BTC, valued at $862.8 million as of June 30, according to K33 Research.
📈 Performance Highlights:
Last 6 months: +87.7% growth
Last 12 months: +192.7% growth
K33’s Head of Research, Vetle Lunde, explained that NBIM’s exposure to Bitcoin comes through its shareholdings in companies that hold $BNB $BTC . This exposure is likely a result of its diversified investment strategy, rather than a direct focus on Bitcoin.
However, the move shows how Bitcoin is increasingly becoming a natural part of mainstream financial portfolios by default.
Bottom line: Even the world’s largest sovereign wealth fund is now indirectly riding the Bitcoin wave, signaling broader institutional acceptance.
