Norway’s sovereign fund has increased its Bitcoin investments by 192.7% since the beginning of 2024. As of June 30, the fund holds 7,161 BTC indirectly.
Increase in Bitcoin Investments
Since the start of 2025, the fund has increased its Bitcoin investments by 87.7%, adding around 4,714 BTC in just six months. According to its latest bi-annual disclosures, the fund increased its crypto holdings through significant investments in Strategy, Metaplanet, and crypto exchange Coinbase.
Strategy and Investments
According to K33's research, NBIM's indirect Bitcoin exposure has hit a record high of 7,161 BTC. K33's head of research, Vetle Lunde, noted that the increase in shares of firms holding Bitcoin has contributed to the growth of investments. "This situation shows that Bitcoin is finding its way into any well-diversified portfolio," he added.
Impact of Bitcoin Price Fluctuations
Lunde also pointed out that the fund’s investments have surged amid increasing Bitcoin prices, which reached an all-time high of over $123K this year. However, he highlighted that this growth is less pronounced in other currencies. At the time of publication, Bitcoin was trading around $118,709.
Norway's investments in Bitcoin demonstrate the growing trend of cryptocurrencies integrating into traditional financial systems, maintaining high interest from major investors.
