US EditionBTC News: Bitcoin Weakness Fails to Stop Corporate Adoption Wave
- Norwegian Block Exchange announced on June 2, 2025, that it purchased six Bitcoin, marking the first public Bitcoin holding by a Norwegian listed company.
- This move follows a broader corporate trend of adopting Bitcoin as a treasury asset amid ongoing interest in crypto despite recent price volatility.
- NBX intends to raise its Bitcoin holdings to 10 BTC this month and leverage these assets to back USDM, a stablecoin on the Cardano blockchain created to generate yield.
- NBX shares jumped about 138% following the announcement, with the company emphasizing that Bitcoin is increasingly integral to the worldwide financial system.
- This strategy may boost NBX’s operational efficiency, attract institutional capital, and reflects a growing role for Bitcoin in global financial systems.
11 Articles
11 Articles
BTC News: Bitcoin Weakness Fails to Stop Corporate Adoption Wave
By Omkar Godbole (All times ET unless indicated otherwise)The cryptocurrency bull run has stalled since bitcoin (BTC) hit a record high above $110,000 last month. However, corporate adoption continues at a brisk pace.Shares in Norway-based crypto exchange Norwegian Block Exchange surged over 100% early today after the company disclosed the purchase of six BTC, worth $633K at current prices, with plans to boost holdings to 10 BTC by the end of th…
Norwegian Block Exchange's shares increased by more than 138% within one day after the Company purchased 6 Bitcoin and announced that it would continue to expand its portfolio.
MILESTONE | NBX Becomes First Publicly-Listed Norwegian Firm to Adopt Bitcoin Standard, Stock Jumps 138%
Norwegian Block Exchange (NBX) has become the first publicly traded company in Norway to adopt Bitcoin (BTC) as part of its treasury strategy, according to a company press release. The Oslo-based firm disclosed the acquisition of 6 Bitcoin, with plans to increase its holdings to 10 BTC by the end of June 2025. Following the announcement, NBX shares surged by more than 138%. The company trades under the ticker symbol NBX on the Euronext Growth Os…
Under-the-Radar Stock Explodes 150% in One Day After Company Announces Bitcoin Treasury Plans
The post Under-the-Radar Stock Explodes 150% in One Day After Company Announces Bitcoin Treasury Plans appeared on BitcoinEthereumNews.com. An under-the-radar stock has skyrocketed 150% in one day after announcing plans to accumulate Bitcoin (BTC) as a treasury asset. In a press release, the Norway-based crypto exchange Norwegian Block Exchange (NBX) says it has started buying Bitcoin to hold on its balance sheet. “As part of the initial allocat…
Norwegian Block Exchange (NBX) Becomes Norway's First Publicly Listed Bitcoin Treasury Company – News Bytes Bitcoin News
Norwegian Block Exchange (NBX) has announced the establishment of a bitcoin treasury strategy, becoming Norway’s first publicly listed bitcoin treasury company. As part of this initiative, NBX has acquired six bitcoins, with plans to expand its holdings to approximately 10 BTC by the end of June. This strategy aims to enhance core operations and create […]
Norway’s NBX Joins Bitcoin Treasury Trend, Stock Jumps 138% - Coin Surges
The post Norway’s NBX Joins Bitcoin Treasury Trend, Stock Jumps 138% appeared first on Coinpedia Fintech News The Bitcoin tide continues to turn corporate heads, this time in Norway. As BTC hovers above $105,000, firms are racing to embrace it not just as a store of value but as a key pillar of financial strategy. And the latest player to jump in to the crypto game is Norwegian Block Exchange (NBX), which triggered markets on June 2 with a bold …
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