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Norwegian industrial investment company Aker ASA seeks to balance capital allocation through Bitcoin, currently holding 754 coins

By: odaily.com|2025/07/12 10:01:37

Odaily News Aker ASA, a Norwegian industrial investment company, announced that it is seeking to balance capital allocation through BTC. It currently holds 754 coins, worth approximately $82 million, accounting for 1.7% of the companys market value. The company said that Bitcoin, as a tool to hedge against inflation/currency fluctuations, can support its diversification and value creation strategy in industrial assets, and will pursue sustainable investment in the future. (Cointelegraph)

Affected by multiple projects such as Coinbase and OpenSea changing their Fat Penguin theme avatars, the Fat Penguin NFT floor price has surged by over 26%.

BlockFi Trust Company LLC is immensely pleased to announce that an agreement has been reached between the company's Chapter 11 Trustee and the United States Department of Justice, resulting in the dismissal of a $35 million lawsuit.