• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Norway’s biggest investment fund took action for this crypto currency
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Crypto News > Norway’s biggest investment fund took action for this crypto currency
Crypto News

Norway’s biggest investment fund took action for this crypto currency

vitalclick
Last updated: January 30, 2025 10:52 pm
4 months ago
Share
SHARE

Norges Bank Investment Management (NBIM), the largest sovereign asset fund of Norway, indirectly Bitcoin (BTC) worth $ 356.7 million indirectly $105,198.9 He made the investment. According to K33 Research data, the BTC amount at the end of the fund rose to 3,821 at the end of 2024, while this figure increased by 153 %compared to the previous year. The fund, which has only 796 BTC in 2020, closely follows the increase in the crypto money market.

Bitcoin and other crypto investmentsGeneral performance of the fund

Bitcoin and other crypto investments

In addition to indirect Bitcoin investments, NBIM has a share in various crypto -related public companies. As of the end of 2024, the fund, which has a share of 0.72 %in Microstrategy and 1.1 %in Tesla, also invests in companies such as Coinbase, Metaplanet and Mara Holdings. These investments are seen as part of NBIM’s strategy to evaluate the potential of crypto currencies.

The stocks of the companies investing in Bitcoin take a kind of attorney ETF task and make leverage profits. MSTR revenues offered earnings opportunities beyond BTC rise.

General performance of the fund

Norwegian government, also known as the global fund, evaluates Norway’s revenues from oil and gas resources by investing. At the end of 2024, the Fund made a record of $ 222.4 billion, thanks to the explosion of artificial intelligence (AI).



“NBIM’s indirect Bitcoin investment is seen as a result of industry -based portfolios. As crypto currency -like assets gain value, their portfolio weights increase. ” – Vetle lunde, K33 analyst

K33 researcher Vetle Lunde, NBIM’s indirect Bitcoin position is caused by sector -weighted portfolios, he said. He stated that the share of such investments in the portfolio increased as assets similar to crypto currencies gain value.

NBIM refused to comment on this issue. The Fund often shares limited information about investment strategies and portfolio distributions. The fund’s interest in crypto currencies continues despite the fluctuations in the markets. This is considered part of NBIM’s long -term investment strategies.

Potential investors and market observers closely follow the future performance of NBIM’s strategies. The fund’s interest in crypto currencies and other technological investments reflects global investment trends.



Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

You Might Also Like

Did President Donald Trump Post About Ripple On His Truth Social?

Uncertainty in crypto currencies is history! NEW SEC President Atkins left the open door

How Trump’s Plan Could Reshape the Economy

Shiba Inu (SHIB) Flashes Buy Signal, Key Insights for Traders

Assessing the Impact of Recent Market Movements

TAGGED:Cryptocurrency
Share This Article
Facebook Twitter Email Print
Previous Article New Step for Spot XRP ETF
Next Article Dogecoin (DOGE) Price Prediction Today
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?