Norway’s Sovereign Wealth Fund Boosts Bitcoin Exposure by 192% in 2025

Norway’s NBIM increased its Bitcoin exposure to 7,161 BTC via portfolio companies, amid a trend as other state funds, including Kazakhstani authorities, move to integrate cryptocurrencies.

BTC

Summary

K33 Research data indicates Norway's NBIM raised its indirect Bitcoin holdings by 192% to 7,161 BTC last year, utilizing portfolio companies like Strategy, Metaplanet, and Coinbase, while Kazakhstani authorities plan to convert assets into cryptocurrencies, underscoring a broader sovereign trend.

Terms & Concepts
  • Sovereign Wealth Fund: A state-owned investment fund managing national savings, often diversified across various asset classes, including digital assets.
  • Bitcoin Exposure: The extent of an investment portfolio's allocation to Bitcoin, whether held directly or indirectly through related entities.