Norway sovereign wealth fund sees indirect bitcoin exposure hit all-time high, with Strategy accounting for 86%: K33

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Norway's sovereign wealth fund now has an indirect bitcoin exposure of all-time high due to its 86% allocation to a strategy, according to K33. This significant exposure comes as the fund also disclosed a new $88 million stake in Ethereum treasury firm Bitmine, further solidifying its presence in the cryptocurrency market, driving investor interest and potentially influencing market trends.
Norges Bank Investment Management also disclosed a new $88 million stake in Ethereum treasury firm Bitmine.