Bitcoin Price Surges to $60,000
Norway's Sovereign Wealth Fund Invests in Bitcoin
🛑Norway's sovereign wealth fund has increased its indirect Bitcoin holdings to 2,446 BTC through strategic investments in technology companies with cryptocurrency exposure.
🛑The fund's Bitcoin-related portfolio is valued at $143 million, with a growth of 938 BTC since the end of 2023.
Global Governments Hold 2.2% of Total Bitcoin Supply
🛑Governments worldwide hold approximately 471,000 BTC, worth around 2.2% of the total Bitcoin supply.
🛑The United States leads with holdings exceeding 212,000 BTC.
Bitcoin Adoption Metrics
🛑The number of non-zero Bitcoin addresses has risen to 54 million.
🛑Daily active Bitcoin addresses exceed 592,000.
Key Takeaways$BTC
🛑Institutional adoption and user engagement drive Bitcoin's price to $60,000.
🛑Norway's sovereign wealth fund invests in Bitcoin through technology companies.
🛑Global governments hold a significant percentage of the total Bitcoin supply.
🛑Bitcoin adoption metrics show a promising picture.