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Norway's $2T Fund Backs Metaplanet's Bitcoin Strategy

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Norway’s $2 trillion sovereign wealth fund, NBIM, has backed Metaplanet’s long-term Bitcoin treasury strategy. At a December 22 shareholders’ meeting, NBIM approved five proposals to boost capital and fund Bitcoin purchases. The plan includes a capital reduction, expanded share issuance, and a $150 million raise via new preferred shares (MARS and MERCURY). Metaplanet, listed in Tokyo as ‘Asia Strategy,’ now holds a 0.49% stake, up from 0.3% in June. A token launch is expected to support future Bitcoin accumulation.
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