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Norway's Aker ASA sets up bitcoin unit

OSLO, March 8 (Reuters) - Norway’s Aker ASA is establishing a new unit dedicated to investing in bitcoin and blockchain technology, the industrial holding company said in a statement.

Seetee AS will initially have a capital of 500 million Norwegian crowns ($58.6 million) and plan to keep its liquid assets in bitcoin, Aker said.

$1 = 8.5319 Norwegian crowns Reporting by Terje Solsvik; Editing by Tom Hogue

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