Norwegian Block Exchange (NBX) saw its stock price surge by 138% on June 2 after announcing a new Bitcoin reserve plan. The exchange disclosed it had acquired 6 bitcoins, valued at approximately $633,700, with intentions to increase its holdings to 10 bitcoins by the end of the month. NBX aims to leverage these reserves to issue stablecoins on the Cardano blockchain and explore revenue opportunities within the Cardano ecosystem. Additionally, NBX is raising funds to further expand its Bitcoin holdings and is considering launching a Bitcoin-backed loan service. This initiative aligns with the company's strategic goal of evolving into a digital asset bank, as its board of directors evaluates potential financial products to support this transition.