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Norway's Accidental Bitcoin Position
Norway's Sovereign Fund Hits Record Bitcoin Exposure — Without Ever Buying Bitcoin
Norway's $2.4 trillion sovereign wealth fund reached a record ~11,549 BTC of indirect bitcoin exposure, per K33 research cited by The Block — roughly 86% of it through Strategy shares, with the fund's Strategy stake up about 50% to a reported $370 million in Q2 filings. K33 characterises the exposure as a byproduct of broad index ownership rather than a deliberate bitcoin bet; the fund holds no coins directly.
Related storylines
- Corporate Bitcoin treasury surgeInstitutional players accumulating Bitcoin treasury positions
4 sources
- Oil to Bitcoin: Norway and UAE Boost Wealth Funds via MSTR and BlackRock · coinpedia.org · T2
- Norway sovereign wealth fund sees indirect bitcoin exposure hit all-time high, with Strategy accounting for 86%: K33 · theblock.co · T1
- Norway’s Pension Fund increases stake in Strategy by 50% to $370M · cryptobriefing.com · T2
- Norway’s sovereign fund reaches record 11,549 BTC exposure without buying more Bitcoin · cryptoslate.com · T2