Norges Bank Increases Bitcoin Exposure by 83% in Q2 2025
- Main event: Norges Bank increased Bitcoin exposure by 83%.
- Indirect exposure via equity investments in Bitcoin-focused firms.
- Leading examples include MicroStrategy and Metaplanet.
Norges Bank Investment Management significantly increased its Bitcoin equivalent exposure by 83% in the second quarter of 2025, now holding assets worth 11,400 BTC through equity investments.
This strategic move by one of the largest sovereign wealth funds indicates growing institutional interest in Bitcoin, potentially impacting market perceptions and influencing similar future investment strategies globally.
Norges Bank Investment Management witnessed an 83% rise in Bitcoin exposure during Q2 2025. This shift, from 6,200 BTC to 11,400 BTC, primarily occurred via equity stakes in companies like MicroStrategy and Metaplanet, as noted by Standard Chartered’s Geoffrey Kendrick.
Led by CEO Nicolai Tangen, NBIM, managing Norway’s considerable sovereign wealth fund, opted for equity investments in lieu of direct Bitcoin purchases. These include major holdings in MicroStrategy, a prominent Bitcoin holder, and Metaplanet, aligning with broader diversification goals. Geoffrey Kendrick, Global Head of Digital Asset Research, Standard Chartered Bank, stated, “The fund increased its Bitcoin equivalent exposure from 6,200 BTC to 11,400 BTC in the second quarter, an 83% increase. This holding is invested almost entirely in MicroStrategy, with an additional position in Metaplanet worth approximately 200 BTC.”
The increase reflects a strategic move, influencing markets by reinforcing Bitcoin’s role in diversified portfolios. Vetle Lunde of K33 Research highlighted Bitcoin’s growing appearance in investment strategies, underscoring firms’ roles as conduits for exposure.
The fund’s $1.3 billion Bitcoin exposure highlights significant financial shifts via equity, without direct purchases. It demonstrates a broader institutional strategy to capitalize on Bitcoin’s market presence, sparking attention from industry leaders and analysts alike.
With no direct investment, community on-chain data remains unaffected. However, major equity stakeholders like MicroStrategy and Metaplanet might experience market effects tied closely to Bitcoin fluctuations, indicating strategic financial implications.
Although major regulatory updates are absent, NBIM’s actions potentially signify an institutional pivot towards digital assets. KOLs like Geoffrey Kendrick forecasted Bitcoin reaching $200,000 by 2025’s end, reinforcing the investment’s potential benefits for traditional funds.
