Norway's sovereign wealth fund loses over $200M on Strategy investment

Norway's sovereign wealth fund has lost more than $200 million on its investment in Strategy (MSTR), Protos reported. The fund also saw losses from its investments in Bitcoin mining equipment manufacturer Canaan and MARA Holdings. According to the report, the fund began purchasing small amounts of MSTR stock in 2008 before significantly increasing its holdings in 2024, at which point its investment was valued at $514 million. The fund is believed to have continued purchasing MSTR shares, with an analysis of recent disclosures indicating a loss of approximately $200 million.