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How Norway’s Wealth Fund is Stealthily Betting Big on Bitcoin
In the rapidly evolving landscape of global finance, the intertwining of traditional wealth management strategies with the burgeoning field of cryptocurrencies heralds a new epoch of investment. Particularly, the phenomenon of bitcoin adoption by sovereign wealth funds offers a compelling narrative that marries the old with the new. One striking example of this trend is…
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Discover the Shocking Value of Bitcoin Owned by Norway’s Wealth Fund: $149.48M!
In a world increasingly becoming digital-first, the role of cryptocurrency, particularly bitcoin, in the portfolios of some of the globe’s largest investment funds is drawing attention. The Norwegian Sovereign Wealth Fund, known for being one of the largest of its kind globally, has made headlines by holding bitcoin worth nearly US$149.48 million. This move underscores…
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Norway’s Wealth Fund Boldly Boosts Investment in MicroStrategy to $1.7 Trillion
In a recent strategic move, Norway’s Government Pension Fund Global, managed by Norges Bank Investment Management, has significantly increased its stake in MicroStrategy, a company renowned for its hefty bitcoin assets. The fund, which boasts an impressive 18 trillion Krone ($1.7 trillion) in assets, has made a notable investment, indicating a broader trend towards diversification…