BitMine Lands $81.9M Stake From Norway Wealth Fund
The stake gave the sovereign wealth fund indirect Ethereum exposure through a U.S.-listed crypto treasury company, filings showed.
- On Wednesday, August 12, an SEC filing revealed Norges Bank Investment Management held 6,151,062 shares in BitMine Immersion Technologies, valued at $81,870,635 as of June 30.
- This new position, absent from the December 31, 2025, holdings, provides indirect Ethereum exposure representing about 0.0082% of the roughly $1.003 trillion in securities listed in the fund's June report.
- Pursuing its "Alchemy of 5%" target of eventually holding 5% of Ethereum's supply, BitMine reported holding 5,805,238 ETH as of August 9.
- Consistent with the Government Pension Fund Global's broad equity mandate, the fund maintains sole investment discretion over the shares rather than adopting Ethereum as a reserve asset.
- Norges Bank Investment Management holds stakes in roughly 7,100 companies, including existing indirect Bitcoin exposure through entities like Strategy and Coinbase, as part of a highly diversified portfolio.
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Cryptocurrency News | Cryptocurrency Prices | Market CapBitMine lands $81.9M stake from Norway wealth fund
Norway’s sovereign wealth fund disclosed 6.15 million BitMine shares worth $81.87M, giving it indirect exposure to Ethereum.
The world's largest sovereign wealth fund exposes itself indirectly to Ethereum. The Norwegian fund held nearly $82 million in BitMine shares, the world's first listed ETH treasury. This position reflects its growing exposure to the crypto ecosystem as of June 30th. The Norwegian sovereign wealth fund exposed to Ethereum via BitMine appeared first on Cryptoast.
As of June 30, Norway's government pension fund, Global, owned 6.15 million shares of BitMine Immersion Technologies, worth approximately $81.87 million. The company was not mentioned in the 2025 year-end filing, and the acquisition date and price were not specified in the filing. BitMine currently manages 5.80...
Norway's Wealth Fund Reveals $81.9 Million BitMine Stock Stake
TLDR Norges Bank held 6,151,062 BitMine shares worth $81.87 million as of June 30, according to SEC filings. The stake gives Norway’s fund indirect Ethereum exposure through equity rather than direct ETH ownership. BitMine reported 5,805,238 ETH holdings on August 9, with 5,067,309 ETH already staked. The BitMine position was absent from the fund’s December 2025 filing, and the exact purchase timing remains unclear. Norway’s pension fund reache…
CoinStats - Norwegian Sovereign Wealth Fund Indirectly Ta...
The Norwegian Pension Fund announced that it has acquired a significant stake in BitMine, a company known for its global Ethereum-focused investments. Continue Reading: Norwegian Sovereign Wealth Fund Indirectly Takes an Ethereum Position by Purchasing BitMine Shares!
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