NBX, a publicly listed Norwegian company, announced its inclusion of Bitcoin in its treasury strategy, resulting in a significant stock increase.
NBX Becomes First Publicly Listed Norwegian Company to Hold Bitcoin
The Norwegian Block Exchange, NBX, announced on June 2, 2025, that it will hold Bitcoin as part of its treasury strategy, resulting in a 138% stock rise. The company confirmed the purchase of 6 Bitcoin, with plans to increase the total to 10 by the end of the month. The Bitcoin was acquired through loans from major shareholders to promote the usage of digital assets.
NBX Stock Surge Highlights Investor Support
The stock spike notably underscores growing investor support for NBX's strategy to hold Bitcoin as a treasury asset. This move aligns with the broader market trend of corporate Bitcoin acquisition. The company's strategy could reshape financial practices in Norway, emphasizing the role of cryptocurrencies in asset allocation. An official NBX statement reflects, "Bitcoin is becoming an important part of the global financial infrastructure."
NBX Joins Global Firms in Bitcoin Reserves
NBX joins global firms like MicroStrategy in utilizing Bitcoin as treasury reserves. Historical trends suggest such strategies often lead to share price increases and enhanced company visibility. Experts indicate that embracing Bitcoin could improve liquidity and attract diverse investors, potentially catalyzing further adoption in corporate treasuries, particularly among Nordic businesses considering digital currency.
NBX's strategy to incorporate Bitcoin into its treasury symbolizes a growing trend among companies to hold cryptocurrencies, which may lead to changes in financial practices in Norway and beyond.
