Tag: ORWICK

  • Norway’s Wealth Fund Accumulates Bitcoin Through Proxy Investments

    Norway’s Wealth Fund Accumulates Bitcoin Through Proxy Investments

    Norway’s Government Pension Fund Global indirectly holds 3,821 BTC via investments in firms like MicroStrategy. The fund invested $217 million in MicroStrategy, signifying growing institutional interest, as reported by K33. Regulatory hurdles prevent direct investments, leading to proxy strategies that simplify tax implications. Despite expansive holdings, the fund reduced its MicroStrategy stake, indicating a cautious…