Norway Expands Indirect Bitcoin Investment as Bitcoin Pre-Sale Raises $9 Million
The Norway's sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), has increased its indirect Bitcoin exposure by a significant margin in 2025. This growth represents a 192% increase from 3,821 BTC at the end of 2020, reaching a new all-time high (ATH) of 7,161 BTC.
The top five contributors to this exposure are Strategy (formerly MicroStrategy), Marathon Digital, Block, Coinbase, and Metaplanet. Strategy, the largest contributor, added approximately 3,005.5 BTC to the fund’s exposure, while Marathon Digital contributed 216.4 BTC, Block added 85.1 BTC, Coinbase added 57.2 BTC, and Metaplanet contributed 50.8 BTC.
Other companies with smaller contributions include GameStop, Tesla, Mercado Libre, Jasmine, Virtu, and WeMade, each contributing less than 35 BTC. This strategy reflects growing institutional confidence in Bitcoin as part of a diversified investment portfolio.
Meanwhile, the Bitcoin Hyper project, a Layer 2 for the Bitcoin ecosystem, has already raised over $9.3M, making it one of the hottest presales of 2025. The project includes a canonical bridge and a Solana Virtual Machine (SVM), allowing for faster and cheaper transactions, a speedup that the Bitcoin Layer 1 cannot match.
A wrapped version of $BTC is created on the Layer 2, allowing for uses like staking, trading, and interacting with dApps or GameFi marketplaces. To withdraw $BTC from the Bitcoin Hyper project, users can make a withdrawal request, and it will be sent back to their Bitcoin address on Layer 1.
The funds raised by the Bitcoin Hyper project will be used to help the team develop the Layer 2 and provide real utility once it goes live. As Bitcoin's price recently hit a new ATH after breaking the $124K mark, projects like Bitcoin Hyper ($HYPER) are potentially benefiting from Bitcoin's ascent.
Crypto treasury companies like Strategy are continuing to grow their Bitcoin stockpile, indicating the potential for further expansion in the Bitcoin market. According to CoinShares, other sovereign wealth funds with indirect crypto exposure include Abu Dhabi and Singapore. This trend suggests a growing acceptance of cryptocurrencies as a legitimate investment option by institutional investors.
Finance and technology sectors are being increasingly intertwined as institutional investors, such as Norges Bank Investment Management, expand their portfolios to include Bitcoin. For instance, the Norway's sovereign wealth fund has significantly increased its Bitcoin exposure by investing in companies like Strategy, Marathon Digital, Block, Coinbase, and Metaplanet. Meanwhile, innovative projects like Bitcoin Hyper, aimed at improving the Bitcoin ecosystem, have raised funds for the development of Layer 2 solutions, symbolizing the growing acceptance of cryptocurrencies as a viable investment option in finance.
