Standard Chartered Bank: Norwegian Bank Investment Management (NBIM) increases holdings of 83% of Bitcoin related assets in Q2 According to The Block, Geoffrey Kendrick, head of digital asset research at Standard Chartered Bank, stated that the Norwegian Central Bank Investment Management (NBIM) increased its Bitcoin related asset holdings from 6200 BTC equivalent to 11400 BTC in the second quarter, an increase of 83%. The fund mainly gained Bitcoin exposure by increasing its holdings in MicroStrategy (MSTR) stocks, while also slightly increasing its holdings in Metaplanet. Currently, MicroStrategy holds 628900 BTC and Metaplanet holds 18100 BTC. Kendrick maintains Bitcoin's target price of $200000 by the end of the year and predicts that it may reach $500000 by 2028.