• About
  • FAQ
  • Landing Page
  • Buy JNews
Toraja Cyber News
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Toraja Cyber News
No Result
View All Result
Home Bitcoin

This Norwegian billionaire hated BTC. Now he invested millions in Bitcoin

torajacybernews by torajacybernews
March 30, 2021
in Bitcoin, Blockchain, Business, Guide, Market
0
This Norwegian billionaire hated BTC. Now he invested millions in Bitcoin
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Just over a week ago, Spetalen was passionately opposed to cryptocurrencies.

Nine days ago, billionaire investor Øystein Stray Spetalen used his platform at the DNB Invest conference to denounce Bitcoin as a “nonsense currency.” He has now not only bought his own stash of the coin, but has also invested in Norway’s largest Bitcoin exchange, MiraiEx, according to the Norwegian publication Finansavisen.

In a pre-recorded video interview at the DNB conference on March 18, Spetalen expressed concern about Bitcoin’s carbon footprint: “Bitcoin today consumes as much energy as all of Norway. It is extremely hostile to the environment. The authorities and the The EU should ban it immediately. Then CO2 emissions would be significantly reduced. ” And he continued: “It’s silly. We are doing well with current payment systems.”

However, in the interview with Finansavisen Spetalen dropped the bomb that he now owns part of the Norwegian crypto exchange MiraiEx: “When the facts change, I change. I met the founders of MiraiEx, Thuc and Øyvind, the day after the podcast recording, early March, and I realized I was wrong. And when I also read that [Norwegian industrial mogul and also billionaire] Kjell Inge Røkke had gotten into Bitcoin, it was pretty obvious. I can’t bear that Røkke makes money and I don’t, “Spetalen said, in a multi-million dollar FOMO attack.

Competitive Bitcoin Whales


In early March, Kjell Inge Røkke, who rose to corporate fame after buying enough shares in offshore fishing, engineering and construction company Aker ASA to become its largest shareholder, launched the Seetee company as a cryptocurrency trading subsidiary. from Aker ASA, making an initial Bitcoin purchase of NOK 500 million.

Spetalen admitted to Finansavisen that he has also bought Bitcoin, but that he owns less than Røkke. Spetalen now joins the MiraiEx board of directors. In December, the platform raised NOK 5 million in an investment round led by Oslo-based venture capital firm Skyfall Ventures.

Like Spetalen, Norway itself has given mixed signals about Bitcoin. On Tuesday, Oystein Olsen, governor of the Norges Bank, echoed Spetalen’s earlier position when he called Bitcoin “too resource intensive” and “too expensive” to replace cash in the country, largely no cash.

By contrast, each Norwegian citizen has nominal stakes of 26,720 satoshi, or just over $ 15, in Bitcoin, thanks to the government pension fund buying stakes in institutional Bitcoin hoarders like Tesla, MicroStrategy and Square.

Øystein Stray Spetalen has officially surpassed Elon Musk, CEO of Tesla, in the title of the fastest lap in the history of cryptocurrencies.

  • Trending
  • Comments
  • Latest
Paypal Co-Founder: Bitcoin Could Be a “Chinese Financial Weapon”

Paypal Co-Founder: Bitcoin Could Be a “Chinese Financial Weapon”

April 8, 2021
Mercado Libre will allow you to buy real estate with Bitcoin

Mercado Libre will allow you to buy real estate with Bitcoin

May 1, 2021
Ethereum miner will have 3 GH / s of hash

Ethereum miner will have 3 GH / s of hash

May 1, 2021
Xiaomi MIX 4 Review

Xiaomi MIX 4 Review

November 17, 2021
A ‘growth hacker’ uses cryptocurrencies to help homeless people

A ‘growth hacker’ uses cryptocurrencies to help homeless people

0
DeFi’s Total Locked Value Breaks New Record As BSC-Powered Protocols Totaled Billions

DeFi’s Total Locked Value Breaks New Record As BSC-Powered Protocols Totaled Billions

0
When will the ‘altcoin season’ happen? Now, says one analyst as Bitcoin’s dominance hits a 6-month low

When will the ‘altcoin season’ happen? Now, says one analyst as Bitcoin’s dominance hits a 6-month low

0
Institutional participation in cryptocurrencies reaches lowest levels since October

Institutional participation in cryptocurrencies reaches lowest levels since October

0
Is it possible to transfer gems from one brawl stars account to another?

Is it possible to transfer gems from one brawl stars account to another?

September 25, 2022
Samsung Galaxy Tab A7 Lite

Samsung Galaxy Tab A7 Lite

September 3, 2022
auriculares LG Tone

Auriculares LG Tone

September 3, 2022
Oukitel WP5000

Oukitel WP5000

September 3, 2022

Recent News

Is it possible to transfer gems from one brawl stars account to another?

Is it possible to transfer gems from one brawl stars account to another?

September 25, 2022
Samsung Galaxy Tab A7 Lite

Samsung Galaxy Tab A7 Lite

September 3, 2022

Categories

  • Bitcoin
  • Blockchain
  • Business
  • Ethereum
  • Guide
  • Market
  • Promotion
  • Regulation
  • Review
  • Ripple
  • Uncategorized
  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Buy JNews
  • Contact Us

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.