ChainCatcher report, according to The Defiant, the Government Pension Fund Global of Norway disclosed in its quarterly holdings filing as of June 30 that it holds 6,151,062 shares of BitMine Immersion Technologies (BMNR), with a market value of approximately $818.7 million. The fund did not list BitMine in its previous holdings report as of December 31; this is a new disclosure, with the specific purchase date and cost not revealed. As of June 30, the fund’s total assets amounted to NOK 2.2683 trillion, with 72.1% allocated to equities.
Norway's Sovereign Wealth Fund Discloses $81.9M BitMine Stake
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Summary
Norway’s Sovereign Wealth Fund, the Government Pension Fund Global, disclosed an $81.87 million stake in BitMine Immersion Technologies (BMNR), holding 615,106,200 shares as of June 30. This marks BitMine’s first inclusion in the fund’s portfolio. The fund’s total value reached NOK 22.683 trillion, with 72.1% allocated to equities. As BTC continues to serve as a hedge against inflation, global institutional interest remains robust. The fund’s move aligns with broader CFT (Countering the Financing of Terrorism) compliance efforts in cryptocurrency investments.
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