Taiwanese stock market major investor, Norway's sovereign wealth fund, indirectly invests in Bitcoin? Holding only 1.51% stake in MicroStrategy.

Blockchain media will be happy as long as they can be associated with traditional finance, even if it's just breadcrumbs.

Norway's Sovereign Wealth Fund is a Major Player in Taiwan's Stock Market

Established in 2006, the Norway Sovereign Wealth Fund was created from the surplus of the country's oil and gas resources. Its official name is the Government Pension Fund Global. According to official data, this fund, established for the benefit of future generations of the nation, has a value of 1 trillion US dollars.

Public records show that Norway's investments in Taiwan amounted to 14 billion US dollars in 2019, with a total of 448 investments. Its investment in TSMC reached a staggering 4.35 billion US dollars, accounting for 1.52% of the shares. In terms of Taiwan's financial stocks, the Norwegian central bank is also a major foreign shareholder in four companies: Cathay Financial, SinoPac Financial, Bank of Taiwan, and Taiwan Business Bank.

Compared to Bitcoin, the national sovereign wealth fund shows much greater interest in traditional assets such as stocks, bonds, and real estate.