Bitcoin has attracted one more billionaire from Norway

Øystein Stray Spetalen has invested more than $58M in Bitcoin
  • Bitcoin has to gain enough attention to billionaires from Norway
  • Øystein Stray Spetalen have dived into the Bitcoin market with heavy investment, however, the actual amount is yet to be revealed
  • Witnessing Norweigian billionaires jumping in the Bitcoin wagon, other investors could also begin to focus on the assets class

Bitcoin has already attracted several prominent institutions and billionaires around the world. Recently, Øystein Stray Spetalen, a Norwegian billionaire, has also joined the Bitcoin investors’ list. Earlier, the billionaire had slaughtered Bitcoins north and down, and later, he changed his mind and moved towards the side of MiraiEx, a crypto assets exchange. However, it is confirmed that Spetalen had invested heavily in the digital asset, but the actual figure is yet to be revealed. 

Is Bitcoin hostile to the environment?

Just a week ago, Spetalen considered Bitcoin as hostile to the environment. Moreover, he asserted that Europe’s regulators should outright ban digital assets. The billionaire stated that the only thing he observed is that BTC is consuming as much energy as Norway’s energy consumption, which is environmentally hostile. Spetalen also deemed that the world is doing well with the current payment system.

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However, suddenly within a week of his statements came, the billionaire turned 180-degree towards the flagship crypto token. Indeed, it is known that his views changed after speaking with the founder of MiraiEx. Spetalen commented that he changed with the changes in facts and revealed that he met with the founder of MiraiEx, who made him realize that he was wrong. On the other hand, the billionaire got into Bitcoin after observing Kjell Inge Røkke, another Norweigian billionaire getting into Bitcoins.

Bitcoins have gained the attention of Norweigian investors

Kjell jumped first from Norway in the Bitcoin wagon and announced the establishment of Seetee. Seetee is expected to be focusing on investing in projects and firms throughout the BTC and blockchain ecosystem. The firm started with a purchase of 1,170 BTC and claimed that it is excited for the opportunities that could be brought by blockchain technology.

After Kjell, Spetalen jumped in the digital asset’s soaring wagon with heavy investments. Following these billionaires diving into the BTC market, it seems like soon other investors from Norway will start to take notice of the coin designed by Satoshi Nakamoto. The cryptosphere is excited after witnessing Bitcoin getting more mainstream attention worldwide.

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Ahtesham Anishttp://www.thecoinrepublic.com
Ahtesham Anis is a Computer Science undergrad student currently based out of India. Coming from the business background and his keen interest in Cryptocurrency and Blockchain technology is what Ahtesham brings to the table. He is always an eager learner when it comes to exploring the new technologies and topics in the crypto world.

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