Standard Chartered Bank: Norway's Central Bank Investment Management Company (NBIM) Increased Bitcoin-Related Assets by 83% in Q2

【Standard Chartered Bank: Norway's Central Bank Investment Management Company (NBIM) Increased Bitcoin-Related Assets by 83% in Q2】According to a report by The Block, Geoffrey Kendrick, the head of digital asset research at Standard Chartered Bank, stated that Norway's Central Bank Investment Management Company (NBIM) increased its holdings of Bitcoin-related assets from 6,200 BTC equivalents to 11,400 in the second quarter, a rise of 83%. The fund mainly gained Bitcoin exposure by increasing its holdings of MicroStrategy (MSTR) stock, while also slightly increasing its position in Metaplanet. Currently, MicroStrategy holds 628,900 BTC, and Metaplanet holds 18,100. Kendrick maintains a year-end price target of $200,000 for Bitcoin and predicts it could reach $500,000 by 2028.