{"id":198002,"date":"2021-03-09T22:30:00","date_gmt":"2021-03-09T19:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/norweigan-energy-tycoon-spins-up-new-bitcoin-business\/"},"modified":"2021-03-09T22:30:00","modified_gmt":"2021-03-09T19:30:00","slug":"norweigan-energy-tycoon-spins-up-new-bitcoin-business","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/norweigan-energy-tycoon-spins-up-new-bitcoin-business\/","title":{"rendered":"# Norweigan energy tycoon spins up new Bitcoin business"},"content":{"rendered":"<p>&#8220;<strong># Norweigan energy tycoon spins up new Bitcoin business  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvZmFiYWM4NGMtZDc5Zi00ZDgxLTk0MDctMjhjOTgxOWQ4M2Y1LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Norweigan energy service provider Aker Solutions is spinning up a new business dedicated to Bitcoin (BTC) after its CEO, Kjell Rokke, talked up the importance of the digital asset in a recent <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.seetee.io\/static\/shareholder_letter-6ae7e85717c28831bf1c0eca1d632722.pdf\">shareholder letter<\/a>.\u00a0<\/p>\n<p>On Monday, Aker announced that it has established Seetee \u2014 a crypto-focused investment company that seeks to tap into the Bitcoin ecosystem. The spin-off company has been allocated $59 million, or 500 million NOK, which Aker says will \u201cincrease significantly over time as we gain experience and identify exciting opportunities.\u201d <\/p>\n<p>The company explained:<\/p>\n<blockquote><p>\u201cAker\u2019s de\u00adci\u00adsion to en\u00adter Bit\u00adcoin through See\u00adtee is the re\u00adsult of a long and fun\u00adda\u00admen\u00adtal dis\u00adcus\u00adsion about val\u00adue.\u201d<\/p><\/blockquote>\n<p>Seetee plans to establish mining operations that transfer stranded electricity to various assets. \u201cBit\u00adcoin is, in our eyes, a load-bal\u00adanc\u00ading eco\u00adnom\u00adic bat\u00adtery, and bat\u00adter\u00adies are es\u00adsen\u00adtial to the en\u00ader\u00adgy tran\u00adsi\u00adtion re\u00adquired to reach the tar\u00adgets of the Paris Agreement,\u201d the company said in its shareholder letter. <\/p>\n<p>In addition to Seetee, Aker plans to hold all its liquid investable assets in Bitcoin, joining the ranks of MicroStrategy and Tesla in accumulating BTC reserves. In the case of Tesla, the company recently announced it would allocate 7.7% of its gross cash to BTC.<\/p>\n<p>As an engineering company based in Oslo, Aker Solutions provides integrated solutions for offshore drillers and other oil and gas companies. The company is listed on the Oslo Stock Exchange under the ticker symbol AKSO. The stock is currently trading just under $15.00, having <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a>led since the March 2020 flash crash that wiped out global equity markets. <\/p>\n<p>Bitcoin\u2019s bull market is driving mass adoption of digital assets. Retail investors, investment funds and now even corporations are actively seeking exposure to Bitcoin for various reasons. As Grayscale\u2019s Michael Sonnenshein outlined earlier this year at the CFC St. Moritz Conference, traditional players are entering cryptocurrency with less career risk attached to their decision. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/norweigan-energy-tycoon-spins-up-new-bitcoin-business\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Norweigan energy tycoon spins up new Bitcoin business &#8221; Norweigan energy service provider Aker Solutions is spinning up a new business dedicated to Bitcoin (BTC) after its CEO, Kjell Rokke, talked up the importance of the digital asset in a recent shareholder letter.\u00a0 On Monday, Aker announced that it has established Seetee \u2014 a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":198003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvZmFiYWM4NGMtZDc5Zi00ZDgxLTk0MDctMjhjOTgxOWQ4M2Y1LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74937,74863,74355,117,70752],"class_list":["post-198002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-price","tag-cryptocurrencies","tag-adoption","tag-business","tag-energy"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/198002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=198002"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/198002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/198003"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=198002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=198002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=198002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}