Standard Chartered Bank: Norway's sovereign wealth fund increased its holdings of Bitcoin-related assets by 83% in the second quarter
2025/08/17 08:07
PANews reported on August 17th that Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, stated that Norges Bank Investment Management increased its Bitcoin-related holdings by 83% in the second quarter. 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. Norges Bank Investment Management, also known as the Norwegian Government Pension Fund Global, is the world's largest sovereign wealth fund, managing $1.7 trillion in assets.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
The US Treasury is considering introducing digital identity verification in DeFi to combat illicit financing.
PANews reported on August 17th that, according to Cointelegraph, the U.S. Treasury Department is seeking public feedback on how to use digital identity tools and other emerging technologies to combat
Share
PANews2025/08/17 16:43
Data: a16z achieved $12.06 million in profits in the past week, leading investment institutions
PANews reported on August 17 that according to Nansen data, in the past week, based on realized profits and losses, a16z achieved a profit of US$12.06 million through 9 wallets,
Share
PANews2025/08/17 16:00
PA Daily | Powell said tariffs far exceeded expectations and the Fed is not in a hurry to make a decision; Grayscale has submitted the S-1 form of Solana ETF to the US SEC
The number of non-farm payrolls in the United States increased by 228,000 in March, and the unemployment rate was 4.2%; the U.S. stock market suffered its worst week in five years, and the Nasdaq fell into a technical bear market; affected by tariffs, many companies including Circle are considering postponing their IPOs; the pump fun live broadcast function has been launched to 5% of users, and an audit policy has been formulated.
Share
PANews2025/04/05 17:10