NBX Strengthens Bitcoin Treasury with 5.6 BTC Acquisition at NOK 667,482 and initiates POA 6
Norway, March 20 -- Norwegian Block Exchange AS (NBX), a leading Nordic crypto service provider and first Norwegian listed active Bitcoin treasury company, has completed an additional acquisition of 5,68 Bitcoin. The acqusition is part of the company's long-term treasury strategy and was executed at approx. NOK 667,482 per Bitcoin allowing for a lower average price than similar BTC treasury vehicles in the Nordics. NBX holds about 19 Bitcoin in its own reserves.To facilitate the acquisition, the company is also announcing the start of Put Option Agreement 6 period. The purpose of the POA is to fund the acquisition of more Bitcoin to the company's Bitcoin treasury while simultaneously positioning the company to meet future capital requiremen...
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