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Bitcoin Plans Make Stock Soar 150% in a Day—Get In Before It’s Too Late!

BBG News

In the land of the forgotten, where stocks go to hide in the shadows, a quiet hero has risen—a stock so humble it hardly dared to dream. Yet, in a most remarkable turn of events, this underdog has skyrocketed by a staggering 150% in just one day, all thanks to one thing: Bitcoin. Yes, you read that right—Bitcoin, the golden child of the crypto world, has worked its magic.

Norwegian Block Exchange (NBX), a crypto exchange based in Norway, announced in a press release (because that’s where all the good news happens) that it has begun acquiring Bitcoin as part of its treasury plans. Oh, the subtle brilliance of this move. So, they’re buying Bitcoin, not to make a quick buck, but to hold it in their balance sheet like a proud parent holds a newborn child.

“In the initial phase, the company has acquired six Bitcoin, but fear not—by June, they aim to double that number, bringing the grand total to a majestic ten Bitcoins. Surely, this will be a proof of concept that even the most skeptical investor can understand.”

Not content with merely hoarding their shiny new assets, NBX plans to use this Bitcoin as collateral to issue USDM—a stablecoin on the Cardano (ADA) blockchain. Oh, and of course, there’s a little added bonus: yield generation. Because who doesn’t love some good old-fashioned yield? Not to mention, the Bitcoin and USDM ecosystems are now involved. Talk about a party!

“NBX has pledged not to sell this Bitcoin, nor will they ever go short on it. Instead, they plan to use the profits to acquire more Bitcoin. Yes, that’s right—buy, buy, buy! The Bitcoin treasure chest grows larger with each passing day.”

But wait—there’s more! According to the company, Bitcoin is becoming “an important part of the global financial infrastructure.” Now, isn’t that a nice little way to say, “We’re ahead of the curve and you should be too”? By launching this Bitcoin treasury, NBX not only promises to improve operational efficiency (because who doesn’t need efficiency?), but it also intends to attract the kind of investors who can’t resist the allure of Bitcoin’s glimmering promise.

And just like that, on June 2nd, NBX shares were practically limping along at 0.021 euros ($0.024). But by June 3rd, after this announcement? A glorious surge to 0.053 euros ($0.060), a 150% jump that left even the most seasoned investors scratching their heads in disbelief.

Founded in 2018, NBX has been steadily trying to push the envelope in the world of digital assets. This Bitcoin treasury is just their latest gamble to increase adoption. Oh, and let’s not forget—they were also the proud pioneers of the world’s first credit card that rewards customers with Bitcoin for every transaction. It’s almost as if they want us all to be swimming in Bitcoin, whether we like it or not.

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2025-06-03 21:22

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