- Norway’s wealth fund boosts Bitcoin by 83% via equities.
- Indirect holdings through Strategy and Metaplanet.
- Analysts observe a growing trend in diversified portfolios.
Norway’s $1.7 trillion Government Pension Fund Global increased its Bitcoin exposure by 83% in Q2 2025, primarily through holdings in companies like Strategy and Metaplanet.
The move underlines Bitcoin’s role in diversified portfolios, affecting market dynamics and highlighting potential institutional adoption trends.
Norway’s $1.7 trillion wealth fund, managed by NBIM, increased Bitcoin exposure by 83% in Q2 2025. This strategic change was achieved through equities in companies holding significant BTC reserves, primarily Strategy and Metaplanet. Explore more on Norway’s wealth fund increasing Bitcoin exposure.
Norges Bank Investment Management, led by CEO Nicolai Tangen, expanded its BTC exposure. Key firms involved include Strategy, the largest public holder of Bitcoin, and Metaplanet, known for its bold Bitcoin treasury stance.
Market impacts include heightened liquidity and trading volumes. Bitcoin and related equities like Strategy experienced a notable boost, emphasizing the importance of sovereign institutions in market movements.
Analysts highlight the growing appearance of Bitcoin in diversified portfolios. The move underscores a shift towards indirect exposure via equities, aligning with institutional strategies previously observed in global markets.
“The trend highlights how Bitcoin is increasingly appearing in diversified portfolios, whether intentionally or as a byproduct of equity investments in BTC-heavy companies.” – Vetle Lunde, Senior Analyst, K33 Research
This decision aligns with broader market trends favoring indirect BTC exposure through equities, reflecting historical strategies of large-scale Bitcoin holders. Notable BTC price and legitimacy boosts were recorded without direct on-chain activities.
Future outcomes include increased institutional trust and market legitimacy for Bitcoin, bolstered by regulatory filings. Such strategies highlight a trend towards securing crypto positions in sovereign and state-linked portfolios.
