Bitcoin News Today: Norway's Sovereign Wealth Fund Boosts Bitcoin Exposure by 192% in 2025

Norway’s sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), significantly increased its indirect exposure to Bitcoin in 2025. According to a bi-annual financial report, the fund’s Bitcoin exposure surged by 192% from 3,821 BTC at the end of 2024 to 7,161 BTC in 2025 [1]. This shift in strategy reflects a broader institutional interest in cryptocurrencies, particularly as traditional markets face macroeconomic uncertainties [5].

The fund's exposure is derived from equity investments in publicly traded companies with ties to the crypto industry, including treasury technology firm Strategy and crypto exchange Coinbase [2]. The indirect nature of the exposure ensures compliance with regulatory frameworks that restrict direct Bitcoin investments. As of 2025, the fund holds over $844 million in Bitcoin-related assets through these investments [3].

This increase aligns with a growing trend among sovereign and state pension funds to gain exposure to Bitcoin via corporate proxies and investment vehicles rather than direct purchases [4]. The Norwegian fund’s move mirrors similar strategies adopted by the State of Wisconsin's pension board, which earlier in 2025 doubled its indirect Bitcoin exposure through ETFs before partially liquidating its position [4].

While the 192% increase is significant, analysts emphasize that Bitcoin exposure remains a small component of the fund’s overall portfolio, which is valued at approximately $1.7 trillion [8]. The focus remains on long-term, stable asset classes. However, the inclusion of Bitcoin-related equities highlights a strategic attempt to balance risk and reward in an evolving investment landscape [7].

NBIM’s approach reflects an evolving stance on digital assets. Historically cautious about direct investments in volatile markets, the fund has now adapted to a new investment paradigm by expanding its indirect exposure. This development could signal broader institutional acceptance of Bitcoin as a legitimate asset, potentially encouraging other large-scale investors to reconsider their strategies [9].

Source:

[1] https://cointelegraph.com/news/norway-sovereign-wealth-fund-bitcoin-exposure

[2] https://bitcoinist.com/norway-wealth-fund-indirect-bitcoin-844-million-192/

[3] https://www.ainvest.com/news/bitcoin-news-today-norway-sovereign-wealth-fund-boosts-bitcoin-exposure-192-equity-investments-2508/

[4] https://coincentral.com/norways-wealth-fund-expands-bitcoin-exposure-by-192-in-q2-of-2025/

[5] https://coinpedia.org/crypto-live-news/norways-sovereign-wealth-fund-boosts-indirect-bitcoin-holdings-by-192-in-2025/

[6] https://x.com/Cointelegraph/status/1955449299422052493

[7] https://www.binance.com/en/square/post/08-13-2025-norwegian-sovereign-wealth-fund-increases-bitcoin-holdings-significantly-28242236704593

[8] https://cryptobriefing.com/norway-bitcoin-exposure-surge/