Norway's sovereign wealth fund, Norges Bank Investment Management, increased its bitcoin exposure by 192% in 2025, indicating growing institutional interest in cryptocurrencies.
Growth of Bitcoin Investments
Norges Bank Investment Management increased its exposure to bitcoin by 192%, reaching 7,161 BTC valued at $844 million. This increase did not come from direct cryptocurrency purchases but through investments in bitcoin-heavy public companies.
Investment Strategy
The increase in exposure was primarily managed through investments in corporations such as Strategy and Marathon Digital. This approach allowed the fund to significantly alter its portfolio without direct treasury holdings of bitcoin, influencing its exposure dynamics.
Market Impact and Bitcoin's Future
The fund's decision has sparked discussions in financial markets, highlighting the growing institutional interest in integrating bitcoin into diversified investment portfolios. While not directly purchasing bitcoin, the fund's strategy illustrates its acceptance in traditional investment circles. Analysts like Vetle Lunde suggest that such institutional shifts may bolster bitcoin's standing as a viable portfolio component.
Norway's investment in bitcoin illustrates growing interest from institutional players, potentially strengthening cryptocurrency's position in the financial market.