Analyst: Norway’s sovereign wealth fund indirectly holds 2,446 BTC, an increase of 938 from the end of last year
According to news on August 14, Vetle Lunde, senior analyst at K33 Research, said on the Likely stemming from predetermined algorithm-based sector weighting and risk diversification strategies, it is unlikely to stem from a deliberate choice to increase Bitcoin exposure - if increasing Bitcoin exposure was the goal, we would see more directly. Evidence of exposure moves (and significantly greater exposure).
Regardless, this perfectly illustrates the growing maturity of Bitcoin as an asset and its inclusion in any diversified investment portfolio. Thanks to corporate Bitcoin reserve strategies promoted by Michael Saylor, Jack Dorsey, Fred Thiel and others, the number of indirect Bitcoin "satoshis" held per capita in Norway reached 44,476 "satoshis" (approximately $27) by the end of the first half of 2024 ).
The increase in indirect exposure stems from: Increased exposure to MicroStrategy, from 0.67% to 0.89%; MicroStrategy increased exposure to 37,181 Bitcoins in the first half of 2024; Exposure to Marathon Digital went from zero to 0.89%; increased to 0.82%; exposure to Coinbase increased from 0.49% to 0.83%; exposure to Block Inc increased from 1.09% to 1.28%. ”$BTC