Norway's wealth fund NBIM discloses 1.16% BitMine stake worth $88.25 million

NBIM, Norway's central bank investment manager, has for the first time publicly disclosed a holding in BitMine Immersion Technologies (BMNR), an Ethereum treasury company, with a 1.16% stake valued at about 883 million Norwegian kroner, or roughly $88.25 million, as of June 30 in its latest first-half 2026 holdings disclosure. The BitMine position is small within NBIM's broader portfolio, but the disclosure is notable because it marks the first time the manager of the world's largest sovereign wealth fund has reported owning the company. Earlier this week, the fund said a surge in Asian technology stocks helped lift its first-half return to 9.4%, producing a record semiannual gain of more than $182 billion. The fund manages about $2.34 trillion, invests in more than 7,000 companies across over 50 countries, and owns about 1.5% of listed float shares worldwide.

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