BitMine lands $81.9M stake from Norway wealth fund

Norway’s Government Pension Fund Global disclosed a $81.87 million position in BitMine Immersion Technologies, giving the world’s largest sovereign wealth fund indirect exposure to Ethereum through a U.S.-listed corporate treasury company rather than through a direct ETH purchase. Summary Norges Bank held 6,151,062 BitMine shares worth $81.87 million at June 30, SEC filings show. The position gives Norway indirect Ethereum exposure through equity, not direct ownership of ETH itself. BitMine reported 5,805,238 ETH holdings on August 9, with 5,067,309 ETH already staked through validators. BitMine was absent from Norges Bank’s December 2025 filing, while acquisition timing remains publicly undisclosed. Norway’s fund reached 22.683 trillion kroner at midyear, with 72.1% invested in global equities overall. An Aug. 12 SEC filing from Norges Bank showed that the fund held 6,151,062 BitMine shares as of June 30. The position was valued at $81,870,635 at quarter end. Norges Bank reported sole investment discretion over the shares. Norway wealth fund’s BitMine stake appeared by June The BitMine position was not present in Norges Bank’s Dec. 31, 2025 13F holdings table, confirming that it w...