Norway wealth fund reveals $81.87 million stake in BitMine Immersion Technologies

Norway's Government Pension Fund Global disclosed a new position in BitMine Immersion Technologies, reporting 61.51062 million BMNR shares worth about $81.87 million in its quarter-end holdings filing as of June 30. BitMine was not listed in the fund's Dec. 31 holdings report, making this a newly disclosed position, although the filing did not specify when the shares were acquired or at what cost. The fund's total assets stood at 22.683 trillion Norwegian kroner on June 30, with 72.1% allocated to equities, underscoring the scale of the investor behind the disclosure.

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