Norway’s Sovereign Wealth Fund Discloses $81.9M Stake in Ethereum Treasury Firm Bitmine

BitcoinWorld Norway’s Sovereign Wealth Fund Discloses $81.9M Stake in Ethereum Treasury Firm Bitmine Norway’s Government Pension Fund Global, the country’s largest sovereign wealth fund, has disclosed a stake in Bitmine (BMNR), an Ethereum treasury company, valued at approximately $81.9 million as of the end of the second quarter.

The holding, comprising 6,151,062 shares, was revealed in a report for the period ending June 30, according to The Defiant.

The fund had not listed Bitmine in its holdings at the end of the previous year, indicating a recent acquisition, though the exact purchase date and price were not disclosed.

Institutional Interest in Crypto-Exposed Equities The disclosure marks a notable step for the sovereign wealth fund, which manages assets derived from Norway’s petroleum revenues.