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Norway's Aker ASA Sets Up Bitcoin Unit

Tracy CHEN

Summary: Norway’s Aker ASA is establishing a new unit dedicated to investing in bitcoin and blockchain technology, the industrial holding company said in a statement.Seetee AS will initially have a capital of 500 million Norwegian crowns ($58.6 million) and plan to keep its liquid assets in Bitcoin, Aker said. Tracy Chen

Norway’s Aker ASA is establishing a new unit dedicated to investing in bitcoin and blockchain technology, the industrial holding company said in a statement.
Seetee AS will initially have a capital of 500 million Norwegian crowns ($58.6 million) and plan to keep its liquid assets in Bitcoin, Aker said.

Tracy Chen

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