STSU – INITIAL NOK 50M INVESTMENT IN BITCOIN
STSU – INITIAL NOK 50M INVESTMENT IN BITCOIN
(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