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Aker move could signal unprecedented enthusiasm for institutional Bitcoin investment
Norwegian gas and oil giant Aker ASA has revealed it is to create a cryptocurrency arm with a massive $59 million opening investment.
Run by Kjell Inge Rokke – Norway’s second-wealthiest person – the 180-year-old holding company launched Seetee AS with a letter to shareholders last night declaring it would be running open-source Bitcoin payment servers.
Rokke told investors the operation would be “positioning itself in the middle of an industry that could define the next several decades, much like the internet has done since the early 1990s”.