Norway Wealth Fund Invests $81.9M in BitMine for Indirect Ethereum Exposure

Norges Bank Investment Management's Government Pension Fund Global has invested $81.87 million in BitMine Immersion Technologies, giving it indirect exposure to Ethereum.

The position is part of a broader portfolio that includes nearly 7,100 companies and represents about 0.0082% of the fund's total assets.

BitMine, which reported holding 5,805,238 ETH as of August 9, has staked 87% of its Ethereum holdings at a value of $9.8 billion.