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Cryptocurrency Exchange NBX Completes 5.4 Million NOK Financing Round, to be Used for Bitcoin Accumulation

By: theblockbeats.news|2025/07/05 12:41:47

BlockBeats News, July 5th, Norwegian cryptocurrency exchange Norwegian Block Exchange (NBX) announced the completion of a 5.4 million Norwegian Krone (approximately $535,000) financing round. It is reported that this funding will be used specifically for Bitcoin purchases. The company had previously purchased 6 Bitcoins (approximately $633,700) and plans to explore using Bitcoin as collateral.

BlockBeats previously reported that on June 3rd, due to the announcement of a Bitcoin reserve plan, the stock price of the Norwegian cryptocurrency exchange NBX rose by 138% in a single day.

ECB Governing Council Member: Euro Not Yet Ready to Challenge Dollar's Global Reserve Currency Status

1confirmation Founder: Strong supporter of Ethereum, without which the industry cannot continue to move forward