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Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming
Read Daily: The Latest Crypto, NFTs, Web3, Blockchain, and Play-to-Earn News
Stay in the loop with our daily gaming news! Discover the latest in blockchain tech, play-to-earn games, NFTs, Web3, and metaverse gaming, keeping you on top of crypto gaming trends.
In a world increasingly becoming digital-first, the role of cryptocurrency, particularly bitcoin, in the portfolios of some of the globe's largest investment funds is drawing attention The Norwegian Sovereign Wealth Fund, known for being one of the largest of its kind globally, has made headlines by holding bitcoin worth nearly US$149 48 million This move underscores a significant shift in how institutional investors perceive digital currencies
Growing bitcoin Holdings in Norwegian Sovereign Wealth Fund
The fund's current bitcoin holdings stand at 2,446 BTC, marking an increase of 938 bitcoin from December 31, 2023...
In a recent strategic move, Norway's Government Pension Fund Global, managed by Norges Bank Investment Management, has significantly increased its stake in MicroStrategy, a company renowned for its hefty bitcoin assets The fund, which boasts an impressive 18 trillion Krone ($1 7 trillion) in assets, has made a notable investment, indicating a broader trend towards diversification in its portfolio
The Strategic Investment in MicroStrategy
Norges Bank Investment Management, the entity behind Norway's vast wealth fund, has reportedly allocated $217 million towards MicroStrategy This investment grants the fund a 0...