Published 22 days ago • loading... • Updated 20 days ago

Norway's Bitcoin Exposure Surges With $500M MicroStrategy Stake

Summary by Crypto News Land

Norway’s wealth fund boosts its Bitcoin exposure via MicroStrategy, holding $500M+ in shares, marking a 153% yearly increase. NBIM’s stake in Bitcoin firms like Riot and Coinbase signals growing institutional crypto adoption, reshaping traditional portfolios. MicroStrategy and Metaplanet’s bold Bitcoin strategies fuel mainstream adoption, reinforcing BTC’s role in corporate finance. According to Bitcoin Magazine, MicroStrategy assets totaling ap…

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Crypto News Land

Norway's Bitcoin Exposure Surges With $500M MicroStrategy Stake

20 days ago

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CryptoInfonet

Norway Increases Bitcoin Presence With MicroStrategy Investments - CryptoInfoNet

Norges Bank Investment Management (NBIM), Norway’s sovereign wealth fund giant, has been discreetly increasing its Bitcoin exposure—with a unique twist. They have strategically increased their indirect holdings by 153% by placing a shrewd wager on MicroStrategy, rather than rushing headfirst into the volatile crypto market. By the conclusion of 2024, NBIM had acquired approximately $500 million in MicroStrategy, which amounted to more than 1.1 m…

22 days ago

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