Norway's Sovereign Wealth Fund Doubles Down On Bitcoin Via MSTR, Metaplanet Investments
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Norway's sovereign wealth fund significantly increased its indirect Bitcoin holdings in Q2, raising its exposure from 6,200 BTC to 11,400 BTC, an 83% increase. This growth is primarily through shares of MicroStrategy (NASDAQ:MSTR) and a smaller addition via Metaplanet (OTC:MTPLF). Other countries, including Switzerland and South Korea, also expanded their Bitcoin equivalents. The trend indicates a shift towards public equities for Bitcoin exposure rather than spot ETFs, with notable increases in state-level holdings in the U.S. and a new position from the Saudi Central Bank.
Source: Benzinga The copyright of this article belongs to the original author/organization.
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