The tweet was deleted by the author.
But we saved everything 🙂.
Norway sovereign fund boosts indirect Bitcoin exposure by 149%
Norway’s sovereign wealth fund increased its indirect exposure to Bitcoin by 149% in 2025, raising its holdings to 9,573 BTC.
According to data from research firm K33, indirect Bitcoin investments held by Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), rose to 9,573 BTC, representing a 149% increase in 2025. Given that total indirect BTC exposure stood at 3,839 BTC at the end of 2024, this implies an increase of 5,734 BTC over the year.
NBIM does not hold Bitcoin directly on its balance sheet. Instead, it owns significant stakes in crypto-related companies such as Coinbase, Strategy, Block, Metaplanet, and MARA. K33 Head of Research Vetle Lunde stated that “by the end of 2025, NBIM’s indirect Bitcoin exposure reached 8.5 billion Norwegian kroner, or $837 million,” despite Bitcoin’s recent price decline.
Bitcoin spreads across investment funds
Lunde noted that NBIM’s effective level of indirect Bitcoin exposure has remained unchanged since the first half of 2025, accounting for just under 0.04% of the fund’s total assets linked to BTC over the last two reporting periods. He emphasized that this allocation reflects “deliberate weighting.” Lunde also pointed out that K33’s research found no companies in the fund’s portfolio whose digital treasuries hold cryptocurrencies other than Bitcoin.
“My motivation for tracking NBIM’s indirect Bitcoin exposure is to show how BTC finds its way into any well-diversified portfolio, intentionally or not. While short-term price volatility can be uncomfortable, the long-term growth trend highlights strong institutional support for Bitcoin,” said the head of research at K33.
The investment activities of Norway’s sovereign wealth fund, the Government Pension Fund Global, are overseen by Norway’s central bank through its subsidiary Norges Bank Investment Management (NBIM), which operates as a separate unit under the supervision of the Norwegian Ministry of Finance.
NBIM is one of the world’s largest sovereign wealth funds, managing more than $2 trillion in assets, primarily invested in bonds, global equities, and real estate.
As we wrote, Norway $1.5 trillion wealth fund increases Bitcoin investments sharply
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Subscribe to TU news
Did you like the article?
Weekly Top Bonuses
Top News
Top 5 companies for you
United States
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
Live News
