Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund, has increased its indirect Bitcoin 
$104,570 investments by 153% in the past year. The fund’s total indirect cryptocurrency position has reached 3,821 BTC ($86,821.00). According to financial research firm K33, this growth is attributed to the rising institutional adoption of Bitcoin. Managed by Norges Bank Investment Management (NBIM), the fund does not purchase Bitcoin directly but invests in companies focused on cryptocurrencies.
Fund’s Indirect Bitcoin Strategy and Company Investments
NBIM does not directly add Bitcoin to its portfolio. Instead, it holds shares in companies heavily involved in the cryptocurrency market, such as MicroStrategy, Coinbase, and Japan-based Metaplanet. Investme...
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