According to Vetle Lunde, an advanced analyst of K33 Research, Norwegian Soblin Wels Fund (Norges Investment Management (NBIM)) increased 153 % of indirect bitcoin exposure in 2024.
LUNDE explained that this exposure is not a direct promotion to bitcoin, but is likely to be due to sector -based investment strategies. However, the stable increase indicates that BTC is an inevitable asset in various portfolios.
According to him, this trend indicates a maturity market in which institutional exposure to bitcoin grows, regardless of intention.
Lunde pointed out that NBIM has expanded its holding of riot platforms and metaplanets. He also noted that the fund was maintaining a serious exposure, and it turned out that the expectation of microstrate's shares after the planning of the 21/21 plan was incorrect.
As of the end of 2024, the indirect bitcoin exposure per person in Norway was 68,837 SAT ($ 64). From a US dollar's point of view, the exposure of NBIM bitcoin rose $ 356 million to $ 356 million in 2020.
The Norwegian pension fund is the world's largest Sobulinwels Fund, according to the January 29 report, with $ 1.7 trillion.
