Bitcoin Magazine NBX Acquires Bitcoin, Becomes First Public Bitcoin Treasury Company in Norway
Norwegian Block Exchange (NBX), a leading Nordic cryptocurrency exchange and digital asset platform, announced that it has added Bitcoin to its balance sheet, marking a national milestone as the first publicly listed company in Norway to hold Bitcoin as part of its treasury strategy.
The company has secured 6.0 Bitcoin and plans to increase its holdings to 10.0 within June. The assets, loaned from NBX’s largest shareholders, will be used as collateral to issue USDM, a MiCA-compliant stablecoin. NBX said it aims to generate yield through Bitcoin and the USDM ecosystems.
“NBX will not sell this Bitcoin or go short in any form,” the company said. “With reference to the latest POA notice with LDA