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