Norway is joining the growing trend of companies embracing Bitcoin as a core part of their financial strategy. This latest move sees Norway’s NBX, a cryptocurrency exchange platform, announce its purchase of $633,700 worth of Bitcoin to bolster its financial stability and innovation. This bold decision sent shares skyrocketing by 138% in a single day. NBX’s commitment to Bitcoin ownership goes beyond merely storing value; they intend to leverage it for creating USDM, a stablecoin backed by the Cardano blockchain, and further unlocking yield within the ecosystem. The market responded positively to this move, with NBX shares closing at €0.033 ($0.038). This signifies strong confidence in Bitcoin-backed financial innovation.