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STSU – INITIAL NOK 50M INVESTMENT IN BITCOIN
20 Jun 2025 13:31 CEST
Issuer
StandardCoin AS
(Oslo, Norway, 20 June 2025)
Standard Supply AS (OSE: STSU), to be renamed StandardCoin, announces its
initial investment of NOK 50 million in Bitcoin, marking a significant first
step into the digital asset space. The investment aligns with StandardCoin’s
mission to innovate within the financial sector. As part of the transaction, the
Company has partnered with top-tier, regulated custodians to securely store its
Bitcoin holdings.
“We are entering the Bitcoin space with a carefully planned investment,
reflecting our focus on security and risk mitigation. By prioritizing trusted
partners and best-in-class risk management strategies, we aim to position
StandardCoin as a responsible and forward-thinking investor participating in the
evolving digital asset ecosystem”” said Eldar Paulsrud, CEO.
ENDS
For further information, please contact:
CEO Eldar Paulsrud at +47 481 65 599
Board member Espen L. Fjermestad at +47 952 04 493
standard-supply.com
More information:
Access the news on Oslo Bors NewsWeb site
Source
Standard Supply AS
Provider
Oslo Børs Newspoint
Company Name
STANDARD SUPPLY AS
ISIN
NO0013384651
Symbol
STSU
Market
Euronext Growth