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Norwegian Mining Giant Bets Big: $1.2B Bitcoin Treasury Play Shakes Crypto Markets
Norwegian Mining Giant Bets Big: $1.2B Bitcoin Treasury Play Shakes Crypto Markets
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Scandinavia's quiet mineral powerhouse just dropped a bombshell—and Bitcoin maximalists are grinning.
From Pickaxes to Private Keys
The Oslo-based firm—better known for extracting metals than moving markets—is pivoting hard into digital assets. Their $1.2 billion treasury allocation would rank among the largest corporate Bitcoin bets ever.
Wall Street Rolls Its Eyes
Traditionalists are already scoffing at the 'speculative' move. Meanwhile, crypto natives whisper about mining operations being repurposed for... actual mining (the cryptographic kind).
One hedge fund manager quipped: 'Next they'll be paying dividends in satoshis.'
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