Norwegian NBX Raises Additional Funds Worth Approximately ₩730 Million…"All to Be Used for Bitcoin Purchase"
Minseung Kang
Summary
- Norwegian virtual asset exchange NBX has reportedly raised additional funds worth about ₩730 million.
- It was announced that the entire secured amount will be used for Bitcoin purchases.
- Previously, it was reported that after NBX announced a plan to expand its Bitcoin reserves, its stock price surged 138% in just one day.
Norwegian virtual asset (cryptocurrency) exchange NBX (Norwegian Block Exchange) is reported to have secured additional funds for purchasing Bitcoin (BTC).
On the 5th, virtual asset-focused media Blockbit reported, "NBX has newly raised funds amounting to approximately 5.4 million Norwegian kroner (about ₩730 million)." The funds raised this time are expected to be used entirely for Bitcoin purchases.
Prior to this fundraising, NBX had already purchased about 6 BTC, and is also reportedly considering utilizing Bitcoin as collateral in the future.
Previously, after NBX announced a plan to expand its Bitcoin reserves earlier last month, its stock price surged 138% in just one day.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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