Norway Central Bank’s Fund Owns $500M of MicroStrategy

Norway’s sovereign wealth fund has amassed almost $360 million in indirect bitcoin exposure, while simultaneously investing in bitcoin-related companies such as MicroStrategy to the tune of $500 million. Plus, the market reaction to the Federal Reserve holding rates steady and Trump Media offering crypto services through Truth.Fi. CoinDesk's Christine Lee reports on "CoinDesk Daily." - From our sponsor: In Chinese, belief means trust. For 10 years, Consensus has united those who believe in building a new internet where everyone has value. Join us at Consensus Hong Kong February 18 - 20, 2025 where belief becomes real. Connect with global leaders, innovators, and investors shaping the future of Web3, and experience the power of collaboration at the industry's most influential event. Register now: https://go.coindesk.com/3BeigBq