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Showing posts with the label asset growth

Norway’s $1.7T Sovereign Wealth Fund Boosts Bitcoin Holdings 84% Via Strategy, Metaplanet Buys

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Norway’s Norges Bank, the world’s largest sovereign wealth fund with $1.7 trillion in assets, has boosted its Bitcoin holdings by almost 84% in the second quarter, mainly by buying shares in Michael Saylor’s Strategy and Japan-based Metaplanet. That’s according to Standard Chartered, which says Norges Bank raised its total indirect holdings to 11,400 BTC from 6,200 BTC during the period. Standard Chartered’s head of digital asset research Geoffrey Kendrick described the surge as a “proactive position,” reflecting a broader trend of sovereign wealth funds and government entities boosting indirect Bitcoin exposure via treasury-focused firms. Kendrick reached his conclusions by analyzing 13F filings with the US Securities and Exchange Commission (SEC) by companies with holdings in BTC ETFs (exchange-traded funds), Strategy, and Metaplanet.  Kendrick recently raised his year-end BTC target to $200K, aligning with Canary Capital CEO Steven M...

Here’s What a $1,000 Bitcoin Investment Today Might Be Worth

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The world’s largest cryptocurrency Bitcoin (BTC) made headlines for a lot of reasons this year. The main reason, however, is its jump beyond the coveted $100,000 mark. The king coin witnessed an uptick like never before as it hit an all-time high of $109,114.88 in January 2025. This brought about big changes in the lives of many who invested in BTC and held onto it patiently. Can a similar feat be achieved in the coming years? Also Read: Beating The Dollar: Here’s How Much Gold Russia Has Stored Till Now How Is Bitcoin Faring At the Moment? Source: Watcher Guru The king coin managed to rise from a low of $49,121.24 to a high of $109,114.88 within a span of one year. This massive rise was influenced by several factors, including the halving, Donald Trump’s inclination towards cryptocurrency, and his takeover of the President of the United States. Even though the asset saw this growth, BTC was hit with a major setback this past month. At the time of writing, the asset was trad...

Shiba Inu: Investing Just $14 Could Make You a SHIB Millionaire

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The Shiba Inu (SHIB) ecosystem is known for its capability to produce millionaires and billionaires. But this was back in 2021 when the asset witnessed a massive spike and hit an all-time high of $0.00008845. At present, the meme coin is 84% below this peak. Reaching this level could bring about life-changing returns for many. Also Read: Popcat and Dogwifhat (WIF) Price Prediction For The Weekend Current SHIB Price and Investment Potential Source At the time of writing, SHIB was trading at $0.00001358, up about 2% the previous day. At the asset’s current price point, $14 will get investors more than a million tokens. Put differently, you can invest as little as $14 to become a SHIB millionaire. A total of $14 will get you 1030927.83 SHIB tokens. Also Read: Will XRP Reach New Heights? Experts Weigh In on 2025 Forecasts When Will SHIB Achieve the 1 Cent Dream? The entire cryptocurrency industry has eagerly awaited SHIB’s hit of $1 cent. Considering the asset’s growth of ...