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Listed Company Standard Supply AS to Invest Approximately $4.97 Million in Bitcoin Purchase, Rebranding as StandardCoin

Summary: According to reports, Norwegian listed company Standard Supply AS has announced its first foray into the digital asset field, with an initial investment of 50 million Norwegian krone (approximately $4.97 million) for purchasing Bitcoin and plans to rebrand as StandardCoin. This investment marks a significant step for the company in the direction of financial innovation. ...

According to reports, Norwegian listed company Standard Supply AS has announced its first foray into the digital asset field, with an initial investment of 50 million Norwegian krone (approximately $4.97 million) for purchasing Bitcoin and plans to rebrand as StandardCoin. This investment marks a significant step for the company in the direction of financial innovation.

As part of the transaction, the company has entered into a partnership agreement with a top-tier, regulated custody institution to securely store its Bitcoin assets.

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Link: Listed Company Standard Supply AS to Invest Approximately $4.97 Million in Bitcoin Purchase, Rebranding as StandardCoin [Copy]

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