AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
In 2025, Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund with assets exceeding $1.9 trillion, significantly increased its indirect
exposure by acquiring shares in companies with substantial Bitcoin reserves. As of June 2025, the fund held 7,161 Bitcoin, up from 3,821 in the previous six months—a rise of 87.7% [4]. This positions the GPFG among the largest institutional holders of Bitcoin, albeit indirectly, with holdings valued at approximately $844 million at the time [1].The expansion of the fund’s Bitcoin exposure was largely achieved through equity stakes in firms such as MicroStrategy (now Strategy), Marathon Digital,
, , and Metaplanet. These companies hold large Bitcoin reserves, effectively allowing the GPFG to gain exposure to the cryptocurrency without directly purchasing it. Over 3,000 of the 7,161 Bitcoin in the fund’s exposure were attributable to indirect holdings via these firms [1].The move highlights the growing trend among institutional investors to gain Bitcoin exposure through traditional equity investments in crypto-focused companies. Legal restrictions in Norway prevent the fund from holding Bitcoin directly, but this indirect strategy enables it to participate in the asset’s performance while remaining within regulatory boundaries [1]. Vetle Lunde of K33 Research noted that such strategies are increasingly common and reflect Bitcoin’s growing integration into institutional portfolios [1].
The GPFG’s Bitcoin-linked investments align with broader trends in the institutional investment space. The fund’s overall portfolio saw a 5.7% increase in the first half of 2025, with a notable shift toward financial and technology sectors [1]. This trend mirrors the increased appetite for Bitcoin-related assets across global markets. Analysts suggest that the fund’s approach reflects a long-term, risk-mitigated strategy rather than speculative trading [4].
While the fund has not disclosed the specific percentage of Bitcoin in its portfolio, its actions signal a strategic shift toward diversification in a low-yield global environment. The move is also seen as a hedge against inflation and an opportunity to capitalize on Bitcoin’s price appreciation. The fund’s indirect Bitcoin strategy underscores how institutional investors are adapting to the evolving crypto landscape without abandoning traditional investment principles [1].
Bitcoin itself has been on a strong upward trajectory in 2025, hitting a new all-time high of $123,503 in mid-July [2], and surpassing $124,000 in late July [3]. Analysts attribute this to increased institutional buying and broader macroeconomic optimism [2]. Some forecasts have even suggested that Bitcoin could reach $200,000 in 2025, though such projections remain speculative and not grounded in current fund disclosures [2].
The GPFG’s approach is characterized by patience and discretion. While its Bitcoin position is relatively small compared to its total assets, it is a significant step in legitimizing Bitcoin as a long-term investment. The fund’s strategy is expected to influence other institutional investors considering similar approaches, though it has not indicated any plans to disclose further details of its Bitcoin strategy at this time [4].
Source:
[1] title1.............................(https://www.livebitcoinnews.com/norways-1-9-trillion-fund-quietly-builds-massive-bitcoin-position/)
[2] title2.............................(https://bravenewcoin.com/insights/bitcoin-hits-fresh-new-all-time-high-at-123503)
[3] title3.............................(https://todayonchain.com/news/article/01K2JCZ2WJCV3RDB08GEG7ZG1M/)
[4] title4.............................(https://www.coinglass.com/ru/news/533071)

Quickly understand the history and background of various well-known coins

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet