Norway’s Sovereign Fund Boosts Bitcoin Indirect Holdings by 192%

Norway’s sovereign wealth fund, Norges Bank Investment Management, increased its Bitcoin exposure by 192% in 2025, holding 7,161 BTC through stocks like MicroStrategy, Metaplanet, and Coinbase.

This highlights a growing trend of institutional investors leveraging equity positions for Bitcoin exposure, indicating its integration into traditional financial systems, paralleling Kazakhstan’s crypto asset plans.

Norway’s Fund Surges Bitcoin Exposure to 7,161 BTC

Through these investments, Norway’s fund indirectly holds Bitcoin, valued at $844 million. This aligns with a broader institutional interest in the cryptocurrency sector. Sovereign funds are increasingly leveraging corporate proxies to engage with digital assets, following similar trends seen in Kazakhstan’s wealth fund announcements.

Market and community reactions have been mixed. While Norway’s wealth fund has not released detailed statements, insiders like Vetle Lunde from K33 Research suggest the increase signals potential growth in corporate-backed Bitcoin investments.

“Odds are high that any index investor or broadly diversified investor currently holds a modest BTC exposure through proxies… the phenomenon is likely to accelerate over time.” — Vetle Lunde, Senior Analyst, K33 Research

Mixed Market Reactions Amid $844 Million Bitcoin Evaluation

Did you know? Norway’s sovereign wealth fund’s indirect Bitcoin holdings reached $844 million in 2025, reflecting a broader trend of sovereign funds integrating cryptocurrency into traditional financial systems.

Bitcoin (BTC) stands at $121,832.20, representing a 1.93% rise in the last 24 hours per CoinMarketCap. 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%. Over the past 90 days, BTC saw a 17.41% uptick, maintaining high demand despite market volatility.

Financial analyses by Coincu suggest growing institutional participation could bolster BTC prices further, positioning it as a central asset in diversified portfolios. The alignment of sovereign wealth funds with Bitcoin-linked equities might signal a pivotal change in crypto acceptance within traditional financial sectors. Binance Exchange has also been at the forefront of receiving significant investments, underlining this trend.