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Norwegian Block Exchange (NBX) has become the first publicly listed company in Norway to adopt a Bitcoin treasury strategy, acquiring 6 BTC with plans to expand holdings. The announcement sent NBX shares soaring 138%, mirroring similar surges in other firms embracing crypto treasuries.
- NBX stock surged 138% after announcing its Bitcoin treasury strategy, mirroring gains seen in other firms like France’s Blockchain Group (+225%).
- The firm will use Bitcoin as collateral to issue a Cardano-based stablecoin (USDM) and generate yield via DeFi and insured custody services.
- Norway’s corporate Bitcoin adoption includes Aker ASA (1,170 BTC) and Norges Bank’s indirect exposure via its $1.7 trillion sovereign wealth fund.
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