Published On: Sun, Feb 19th, 2017

Norway’s Gov’t Wealth Fund to Reinvest $90BN; Is Bitcoin an Option?

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Anyone who has invested in Bitcoin since the market bottomed out after the Mt. Gox collapse has made a small fortune in ROI, depending upon their timing. The Norway government is looking for a brand new bag for their wealth fund management. Here’s why ‘digital gold’ Bitcoin should be an option to consider.
Norway’s Fund Looking for Riskier Bets, High Yields
Normally, a national government investing in something as avant-garde and aggressive as Bitcoin would be unheard of, but in this case, a play here would not be a bad move.
For starters, Norway’s sovereign wealth fund — the biggest in the world — is looking to invest $90 billion USD into stocks and equities, looking to take on more high-risk, high-yield investments to their portfolio, raising their split from 60% to 70% in equities.
Can you name anything over the last two years that exemplifies success in that investment class that has done better than Bitcoin?

Bitcoin bottomed out after the collapse, at less than $200 USD in value in mid-January, 2015. Since then, it is up almost 600% ever since. What stocks with a future are doing that? No one is saying throw 10% of your portfolio …

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