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The Norwegian sovereign wealth fund indirectly holds a significant increase of 192% in Bitcoin, reaching 7,161 coins.
[Chain News] On August 12, it was reported that the Norwegian Sovereign Wealth Fund (Norges Bank Investment Management, NBIM) indirectly held 7,161 Bitcoins this year, an increase of 192% year-on-year, with a market capitalization of approximately $844 million, significantly up from 3,821 coins at the end of 2024. The increase mainly comes from investments in Bitcoin Heavy Position companies such as Strategy (formerly MicroStrategy) and Marathon Digital, with Strategy contributing 3,005.5 coins and Marathon contributing 216.4 coins. In addition, Block, a trading platform, and Japan's Metaplanet contributed 85.1 coins, 57.2 coins, and 50.8 coins, respectively. Analysts say that institutions are indirectly increasing their digital asset allocation by holding shares in Bitcoin reserve companies.