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cryptoAug 14, 2026, 12:43 PM

Norway sovereign fund builds Ethereum exposure via BitMine stake

Norway's sovereign wealth fund held a stake in BitMine worth $81.9 million at the end of June, adding indirect Ethereum exposure not present in its end-2025 report.

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Norway's sovereign wealth fund has gained exposure to Ethereum through a position in BitMine, according to a recent filing.

At the end of June, the fund owned 6.15 million shares of BitMine valued at $81.9 million. The company stake did not appear in the fund's report at the end of 2025, suggesting the position was initiated later.

The holding is notable as a traditional sovereign investor adds indirect digital-asset exposure through an equity position rather than buying tokens directly.

Source: ForkLog