- Norges Bank Investment Management increased Bitcoin exposure by 83% in Q2.
- Emphasizes growing institutional interest in Bitcoin.
- Strategic allocation through shares in Bitcoin-rich firms.
Norway’s $1.7 trillion sovereign wealth fund increased indirect Bitcoin exposure by 83% in Q2 2025 through stakes in Strategy and Metaplanet, noted by Standard Chartered.
This move signals growing institutional confidence in Bitcoin, potentially influencing broader market dynamics and reinforcing the digital asset’s role as a strategic portfolio component.
Main Content
Norway’s $1.7 trillion sovereign wealth fund, Norges Bank Investment Management, significantly increased its indirect Bitcoin exposure by 83% during Q2 2025. This marks a major allocation shift to include more shares from companies with substantial Bitcoin reserves. You can read more about this in Norway’s wealth fund increases Bitcoin exposure by 83%.
NBIM’s actions included purchasing more stakes in Strategy (formerly MicroStrategy) and Metaplanet, both holding considerable Bitcoin reserves. This strategic move highlights a proactive shift, suggesting increased confidence in Bitcoin as a financial hedge. Geoffrey Kendrick, Global Head of Digital Assets Research, Standard Chartered, stated, “The point here is that Norges is using MSTR as a way to gain exposure to the underlying. The increase in one quarter (83%) has to be a proactive position.”
The fund’s actions have had immediate effects on the market, enhancing the institutional narrative for Bitcoin. Shares of Strategy and Metaplanet, serving as equity proxies for Bitcoin, experienced ripple effects in valuation due to increased demand.
Financial markets are witnessing strengthened institutional stability and trust in cryptocurrencies, with NBIM’s increased allocation potentially influencing broader Bitcoin acceptance. The move underlines a growing trend among institutional investors venturing into cryptocurrency indirectly. Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), remarked, “MicroStrategy remains the principal corporate vehicle for institutional Bitcoin exposure.” Mitrade
Norwegians may observe a more direct consideration of cryptocurrency in sovereign fund strategies, altering traditional asset management approaches. As NBIM’s allocation shifts, it reflects evolving investment landscapes with digital assets included in diversified portfolios.
Expert analysis suggests this can lead to broader regulatory assessments and potential shifts in digital asset laws. Historically, corporate treasuries with Bitcoin allocations spurred market adoption, paralleling NBIM’s current approach via strategic equity investments.
