**Norwegian Wealth Fund's Bitcoin Exposure Grows**

Norway's sovereign wealth fund has seen a significant increase in its indirect Bitcoin exposure, now valued at over $144 million. However, this growth isn't due to a deliberate strategy, says K33 Research's Vetle Lunde. Instead, it stems from algorithm-based sector weighting and risk diversification.

The fund's Bitcoin holdings surged by 160.7% since December 2023, now owning 2,446 BTC. This increase came from expanding investments in companies like MicroStrategy, Coinbase, and Marathon Digital. Each Norwegian indirectly owns $27 worth of Bitcoin, illustrating Bitcoin's growing role in diversified portfolios.