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According to Vetle Lunde, head of research at K33, as of the end of the first half of 2026, the Norwegian sovereign wealth fund indirectly holds 11549 BTC worth approximately $725 million by holding stocks of companies such as Strategy, Metaplanet, MARA, Coinbase, Block, Tesla, etc. Among them, Strategy accounts for 9914 BTC, Metaplanet accounts for 671 BTC, MARA accounts for 421 BTC, Coinbase, Block, and Tesla account for 183 BTC, 120 BTC, and 97 BTC, respectively. The Norwegian Sovereign Wealth Fund holds approximately 1.17% of Strategy's shares, valued at $357.3 million. The fund obtained indirect ETH exposure through BitMine for the first time, holding 6.15 million shares of BitMine worth $88.3 million, corresponding to 67340 ETH.