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Norways AKER ASA sets up bitcoin unit and will invest 58 million $

Norways AKER ASA sets up bitcoin unit and will invest 58 million $



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7 Comments

  1. Just another positive news story for crypto. I’m still somewhat worried about the Iran situation and the possible action the US gov might take in response but keep this kind of news coming!

  2. Does spending $58 million on crypto even qualify as a whale these days? Seems like chump change compared to the figures microstrategy and grayscale have been throwing around. Should we just add a new creature for the *really* big guys… Leviathan?

  3. tldr; Norway’s Aker ASA is establishing a new unit dedicated to investing in bitcoin and blockchain technology, the industrial holding company said on Monday. Seetee AS would initially have a capital of 500 million Norwegian crowns ($58.6 million) and planned to keep its liquid assets in bitcoin, Aker said. The unit would collaborate with Canada’s Blockstream, focusing initially on bitcoin mining.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  4. A few years ago, this would be automatic front page on reddit.

    This time, it’s barely there.

    Eventually. you know Bitcoin has become mainstream once companies adding it to their portfolio does not even make the news.

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The Aker shareholder letter is one of the clearest/most thoughtful *Why Bitcoin, Why Now* reads Here is a thread highlighting a few notable quotes. This is a must read for everyone.

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