Norway's Sovereign Wealth Fund Reveals $428M Crypto Exposure
Norway's sovereign wealth fund has disclosed its indirect exposure to Bitcoin and Ether, totaling approximately $428 million. The exposure is through shares in Strategy and BitMine.
The Strategy and BitMine shares give Norway's sovereign wealth fund an indirect stake in the cryptocurrency market, specifically in Bitcoin and Ethereum. This revelation comes as no surprise, given the growing interest in cryptocurrencies by institutional investors worldwide.