Norway’s largest sovereign wealth fund, Norges Bank Investment Management (NBIM), has made an indirect investment of $356.7 million in Bitcoin (BTC ($86,821.00)) 
$105,773. According to K33 Research, the fund’s BTC holdings are projected to rise to 3,821 by the end of 2024, marking a 153% increase compared to the previous year. In 2020, the fund owned only 796 BTC and has since been closely monitoring the growth of the cryptocurrency market.
Bitcoin and Other Crypto Investments
In addition to its indirect Bitcoin investments, NBIM holds stakes in various publicly traded companies related to cryptocurrencies. By the end of 2024, the fund is expected to own 0.72% of MicroStrategy and 1.1% of Tesla, along with investments in companies like
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