Norway’s Sovereign Wealth Fund Backs Metaplanet’s #Bitcoin Strategy Ahead of EGM
Norway’s sovereign wealth fund, managed by Norges Bank, has expressed support for Metaplanet’s #Bitcoin -focused strategy ahead of the company’s upcoming Extraordinary General Meeting (EGM) scheduled for December 22.
Norges Bank, which holds approximately 0.3% stake in Metaplanet, voted in favor of all five proposals put forward by the company. These proposals are closely linked to Metaplanet’s plan to strengthen its Bitcoin holdings and integrate digital assets into its long-term corporate strategy.
The fund’s support is seen as a strong signal of institutional confidence in Bitcoin-related initiatives, especially as traditional financial institutions continue to explore exposure to digital assets. #Metaplanet has positioned itself as a Bitcoin-forward company, aiming to use cryptocurrency as a strategic reserve and growth asset.
Market analysts believe that backing from a globally respected institution like Norway’s sovereign wealth fund could positively influence investor sentiment and increase credibility for Metaplanet’s #Bitcoin plans. The upcoming EGM will be a key moment in determining the company’s future direction in the digital asset space.
As Bitcoin adoption continues to expand worldwide, institutional participation such as this highlights the growing acceptance of #cryptocurrency within mainstream finance.
