At the Norwegian crypto Exchange Norwegian Block Exchange, the share price has increased over 138% on a single day after its stating that Bitcoin.
On June 2, the corporate said that 6 Bitcoin (BTC) price 633,700 US dollars at current prices to expand its participation to 10 BTC by the tip of the month.
It also added that there are persistent discussions on the rise in further capital for more Bitcoin purchases.
The shares of the Norwegian Block Exchange (NBX) parts rose over 138.5% in comparison with the trading day of June 2 and, in response to Google Finance, close 0.033 euros (0.038 USD). So far, the all -time high of the share is 0.93 euros (USD 1.06), which were reached in January 2022.
The Norwegian block exchange share has increased after the corporate bought Bitcoin. Source: Google Finance
The newly acquired Bitcoin by Norwegian Block Exchange is used as security to output USDM, a stablecoin on the Cardano blockchain and to attain yield for Bitcoin and inside the Cardano ecosystem.
The platform said that “Bitcoin becomes a very important a part of the worldwide financial infrastructure” and can use its latest investments to “increase operational efficiency” and to draw firms of firms which can be excited about crypto.
The stock exchange said that it will examine the offer of Bitcoin back loans as a part of the board of the board as a digital wealth bank.
More Norwegian firms add Bitcoin
Bitcoin has also included no less than one other Norwegian company. In 2021, Aker Asa, a Norwegian industrial holding company, founded a subsidiary, cake, which is dedicated to the investment in Bitcoin and keeps liquid assets in crypto.
According to the subsidiary, Aker holds 1,170 Bitcoin, in response to BitcoinTreasuries.net, which were bought at a mean price of $ 50,200 and a price of $ 123 million at current prices.
The Norwegian crypto broker company K33 has also marked plans for the growing variety of other public firms by buying Bitcoin and increased 60 million Swedish Krona (6.2 million US dollars) for getting and keeping the cryptocurrency.
Norges Bank, Norway's 1.7 Billion US dollar -sovereign Fund, also had 3,821 BTC through his stock market investments by the tip of 2024.
After announcing a Bitcoin purchase plan, other firms have also won their share prices. The Crypto Company Blockchain Group, based in Paris, began buying Bitcoin on November 5, and its shares rose 225% to 0.48 euros (0.52 USD).
In the meantime, the stocks of the Indonesian FinTech company Digiasia Corp doubled almost 91%after the corporate stated that it will collect 100 million US dollars to sow its first of many Bitcoin purchases.
According to Bitbo data, Bitcoin Treasuries Corporate Bitcoin Treasuries have over three million Bitcoin price over 342 billion US dollars.
