World’s Largest Sovereign Wealth Fund Has Indirect Bitcoin Exposure of More Than $355M
The world’s largest sovereign wealth fund, Norway’s Norges Bank Investment Management (NBIM), has amassed $356.7 million in indirect bitcoin
World’s largest sovereign wealth fund grows indirect BTC exposure by 153%
Norway’s sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), has accumulated a sizable exposure to Bitcoin (BTC) through indirect investments in a diversified portfolio of cryptocurrency-friendly companies.
Norway’s sovereign wealth fund invests $400 million in Bitcoin
Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), has increased its indirect Bitcoin exposure by 153% year-over-year
Norway’s Wealth Fund Reduced US Tech Exposure to Limit Risk
Norway’s sovereign wealth fund was underweight on US tech stocks last year, a move that hit 2024 returns but may have helped it weather recent turmoil caused by the challenge posed by Chinese artificial intelligence startup DeepSeek.
World’s largest sovereign wealth fund reports $222 billion annual profit on tech rally
Norway's sovereign wealth fund — the largest of its kind in the world — posted full-year profit of 2.5 trillion kroner ($222.4 billion) on Wednesday, fueled by a tech rally. Its return on investment came in at 13% for the year,
Norway's wealth fund grows Bitcoin exposure to 3,821 BTC
Norway's sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), was reported to have increased its indirect exposure to Bitcoin by 153% year-over-year, reaching a total of 3,821 BTC,
Elon Musk declined dinner with boss of $1.7 trillion fund that voted against his pay deal: 'Friends are as friends do'
Text messages show Elon Musk rejected a dinner invite from Nicolai Tangen, head of Norway's oil fund, and lectured him on how ...
Norwegian central bank reveals stake in MicroStrategy
MicroStrategy Inc (NASDAQ: MSTR) is in focus today after the Norwegian central bank revealed it holds a sizable stake in the ...
Elon Musk disses boss of Norway’s $1.7T wealth fund that voted against his massive pay deal
Last summer, the firm helped strike down a $56 billion pay deal for Musk that would now be valued at around $100 billion ...
Norway wealth fund posts record $222 billion profit but warns tech boom won't last
Norway's $1.8 trillion sovereign wealth fund, the world's largest, reported on Wednesday a record annual profit of 2.51 ...
Pensions&Investments1d
Norges Bank returns 13% in 2024 on tech stocks gains
Norges Bank Investment Management — the official name of the $1.8 trillion fund — saw investments in equities gain 18% in ...
Norges Bank - Form 8.3 - Direct Line Insurance Group plc
Direct Line Insurance Group plc ...
Elon Musk clashes with Norway wealth fund CEO; 'friends are as friends do'
Tesla CEO Elon Musk has clashed with Nicolai Tangen, CEO of Norway's sovereign wealth fund, one of the automaker's top ...
Central Banking7d
Norges Bank says time is not yet right for easing
Norway’s central bank today (January 23) kept its policy rate at 4.5% but signalled a cut was likely in March. Norges Bank ...
What’s shielding Big Tech stocks like Nvidia in this market, according to the world’s biggest wealth fund
Managers of Norway’s Government Pension Global Fund are resigned to living with tech’s high concentration risk but say stocks ...