Due to the announcement of the Bitcoin reserve plan, the stock price of the Norwegian cryptocurrency exchange NBX rose by 138% in a single day

Odaily Planet Daily News: Norwegian Block Exchange (NBX), a cryptocurrency exchange in Norway, announced the launch of a Bitcoin reserve program, and its stock price rose by over 138% in a single day on June 2nd. NBX announced that it has purchased 6 bitcoins (approximately $633700) and plans to expand its holdings to 10 bitcoins within this month. In addition, the company is continuing to raise funds to further purchase Bitcoin. NBX plans to use these bitcoins as collateral to issue stablecoin USDM on the Cardano blockchain and achieve revenue growth through the Cardano ecosystem. The company also revealed that its board of directors is studying the launch of Bitcoin supported loan services to advance its goal of becoming a digital asset bank. （Cointelegraph）