As disclosed in its holdings report as of June 30, the Norwegian Government Pension Global Fund holds 6,151,062 shares of BitMine Immersion Technologies, valued at approximately $818.7 million. This position represents an equity investment in a publicly traded company, not a direct purchase of ETH, but provides the fund with indirect exposure to Ethereum through BitMine.
Norway's Sovereign Wealth Fund Holds $81.87M in BitMine Shares, Gaining Indirect ETH Exposure
TechFlowShare
Summary
Norway’s Sovereign Wealth Fund holds $81.87 million in BitMine shares, providing indirect exposure to Ethereum. The fund owns 6,151,062 shares of BitMine Immersion Technologies, a publicly listed company. This position offers sensitivity to Ethereum’s price movements without direct ownership of cryptocurrency. The investment represents a strategic approach to gain returns linked to Ethereum’s performance through equity exposure. The fund’s report, filed as of June 30, shows no direct purchases of Ethereum. BitMine’s operations include Ethereum mining infrastructure.
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