The Norwegian sovereign wealth fund, which has a size of $1.8 trillion, is gradually increasing its exposure to bitcoins through indirect investments in key companies in the sector. By holding 9,573 bitcoins via stakes in MARA, Metaplanet, and Strategy, the Norwegian sovereign fund demonstrates growing confidence in digital assets. According to PANews, this presence has increased by 149% compared to the previous period, indicating a strategic allocation boost. While Bitcoin is currently trading around $68,900, this investment strategy of the Norwegian sovereign fund highlights the increasing interest of major institutions in crypto assets.

BTC4,24%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)