Oslo-based holding company Aker ASA, with a turnover of $6 billion, is starting to invest in Bitcoin.Aker has set up a new company called Seetee AS with a mission to invest in Bitcoin (BTC), according to an official press release on Monday.
The Seetee AS division will initiallyhave a capital of 500 million kronor ($ 58.6 million) and intends to keep all of its liquid assets in bitcoin. At the initial stage, the company identifies the following tasks for itself:
- Invest in bitcoin and hold it;
- Join the Bitcoin and blockchain community and establish cooperation with its leading players;
- Launch "verification operations" based on bitcoin;
- Create and invest in innovative projects and companies in the Bitcoin and blockchain ecosystem.
Also the newly created Seetee will enter the arenamining bitcoin, seeking to establish partnerships with major players in the crypto space. Seetee is believed to have already entered into a partnership agreement with Blockstream.
According to the CEO of Bitcoin infrastructure company Blockstream, the firm will work closely with Seetee on BTC mining and sidechain implementation.
Despite the fact that the government of Norwaystopped subsidizing electricity to BTC miners back in November 2018, bitcoin mining activities in the country still account for a significant portion of the global hashrate.
According to the Cambridge Consumption Indexelectricity by bitcoin (the Cambridge Bitcoin Electricity Consumption Index), after China, the country ranks eighth in the world monthly hash rate.
It also said in a press statement that the new company will seek to invest in other cryptocurrency and blockchain firms.
Aker will donate NOK 500 million ($ 58mln) for the initial capitalization of Seetee, which will be invested in BTC. The move marks a departure from Aker's conventional investment in oil exploration and marine biotechnology.
«Today we announced the launch of Seetee!
We are a new company in the Aker group and willinvest in interesting projects and companies throughout the Bitcoin ecosystem. Bitcoin is our treasury asset. Our first purchase was 1170 BTC, our strategy was hodling», - written in the Twitter account of the company.
Explaining the reason for investing in bitcoin, Aker CEO Oyvind Eriksen remarked:
«With the launch of Seetee, Aker is doing moreone step into software and financial technology. We are very excited about the industrial opportunities offered by blockchain technology and want to actively contribute to this area.
Where is it more profitable to buy bitcoin? TOP-5 exchanges
For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.
The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.
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Rating of cryptocurrency exchanges:
| # | Exchange: | Website: | Rating: |
|---|---|---|---|
| 1 | Binance (Editor's Choice) | https://binance.com | 9.7 |
| 2 | Bybit | https://bybit.com | 7.5 |
| 3 | OKEx | https://okex.com | 7.1 |
| 4 | Exmo | https://exmo.me | 6.9 |
| 5 | Huobi | https://huobi.com | 6.5 |
The criteria by which the rating is set in our rating of crypto-exchanges:
- Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
- Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
- Feedback and support– we analyze user reviews and the quality of technical support.
- Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
- Platform Features– availability of additional features — futures, options, staking, etc.
- final grade– the average number of points for all indicators determines the place in the ranking.
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