Norway's sovereign wealth fund, Norges Bank Investment Management, reported a 192% increase in Bitcoin holdings in 2025.
Increase of Norway's Bitcoin Holdings
Through these investments, Norway’s fund indirectly holds 7,161 BTC via stocks of companies like MicroStrategy, Metaplanet, and Coinbase, with a total value of **$844 million**. This highlights the growing institutional interest in cryptocurrencies and the integration of Bitcoin into traditional financial systems.
Market and Community Reactions
Reactions to this development have been mixed. While the fund has not released detailed statements, insiders like Vetle Lunde from K33 Research suggest the increase signals potential growth in corporate-backed Bitcoin investments.
Current Market Conditions for Bitcoin
Currently, Bitcoin (BTC) is trading at **$121,832.20**, with a 1.93% rise in the last 24 hours. Its market cap has surged to **$2.4 trillion USD**, dominating 58.60% of the market. Trading volumes peaked at **$98.43 billion USD**, increasing by 32.73%.
Norway's actions reflect a growing trend among sovereign funds integrating cryptocurrencies into traditional financial systems, suggesting serious acceptance of Bitcoin in investment portfolios.