[Norwegian Sovereign Wealth Fund Loses Over $200 Million in MSTR Investment] Norway's central bank (Norges Bank) has incurred losses amounting to hundreds of millions of dollars in its investment in MicroStrategy (now known as Strategy, stock ticker: MSTR). As one of the world's sovereign wealth funds, Norges Bank directly invests in stocks, including index components like MSTR. Data shows that Norges Bank began purchasing small amounts of MSTR stock in 2008 and significantly increased its holdings in 2024. As of June 30, 2024, its investment in MSTR reached $217 million, representing a 0.89% stake, which increased to $514 million by the end of 2024. In the first half of 2025, the investment grew from 5.8 billion Norwegian kroner to 11.9 billion Norwegian kroner, but the purchase price exceeded the current stock price. As of June 30, 2025, the market value of its holdings stood at $1.18 billion, and the accumulation of shares may still be ongoing.