Norway's sovereign wealth fund, the World Pension Fund, one of many world's largest state-owned funding establishments, generated a revenue of $248 billion in 2025, growing its market worth to roughly $2.2 trillion.
This big acquire was pushed by positive aspects in US know-how and monetary shares, with contributions from US corporations together with main stakes in NVIDIA, Apple and Microsoft.
CEO Nicolai Tangen mentioned whereas AI optimism, decrease rates of interest and powerful company earnings had been supporting returns, the fund was additionally growing its investments in renewable infrastructure, bonds and actual property.
The fund, managed by Norges Financial institution Funding Administration (NBIM), invests in shares, bonds, actual property and renewable vitality infrastructure on behalf of Norwegian residents. It at the moment owns shares in additional than 7,200 corporations in 60 international locations.
NBIM's portfolio provides the sovereign wealth fund oblique publicity to Bitcoin, however it’s only a small portion of its complete property.
Vetr Lunde, head of analysis at K33, mentioned the fund's oblique bitcoin publicity elevated by 149% in 2025, due to investments in Technique, MARA, Metaplanet, Coinbase and Block.
As soon as once more, we return to the duty of overlaying oblique points $BTC Possession of the Norwegian Oil Fund, the world's largest sovereign wealth fund.
in the meantime $BTC Value traits have been horrible for some time, NBIM's oblique $BTC Publicity is even greater. In 2025, it’ll improve by 149% to 9,573 folks $BTC. pic.twitter.com/zOIeQYqDx3
— Vetle Lunde (@VetleLunde) January 30, 2026
NBIM's crypto publicity is nearly totally Bitcoin, with no important holdings in different crypto-focused corporations.

