On June 2, 2025, Norwegian Block Exchange (NBX) announced the establishment of a Bitcoin treasury, becoming the first public company in Norway to hold Bitcoin on its balance sheet.
NBX Announces Bitcoin Treasury
NBX, based in Oslo and listed on Euronext Growth under the ticker NBX, revealed its Bitcoin treasury strategy. This decision could influence broader corporate adoption of cryptocurrencies in Norway, impacting financial strategies.
Goals of Bitcoin Treasury
The introduction of Bitcoin to NBX's balance sheet aims to generate yield for clients, including hedge funds and private customers. This marks a significant shift in corporate financial strategies in Norway. CITE_W_A: "Having already issued the first credit card in the world with BTC cashback, NBX seeks to continue being at the forefront of innovation within digital assets, and adapting this strategy will deliver on that promise."
Global Trends in Corporate Crypto Integration
Globally, companies like MicroStrategy have adopted Bitcoin treasuries, but NBX's move is a first in Norway's public sector, echoing wider trends in corporate crypto integration. Increased corporate Bitcoin adoption could lead to heightened market interest, potentially influencing asset value and fostering financial innovation.
NBX's initiative to establish a Bitcoin treasury highlights the growing interest in digital assets in Norway and may serve as a catalyst for broader corporate crypto integration.
