Why a Norwegian billionaire wrote 2021's most bullish Bitcoin letter

Norwegian Billionaire Kjell Inge Røkke says that Aker ASA, his Norwegian fishing, oil, and engineering company has established Seetee, a new company dedicated to investing in projects and companies in the Bitcoin ecosystem. Seetee will keep all its liquid investable assets in bitcoin.

To announce this decision, Mr Røkke wrote a letter to shareholders. The letter is one of the most bullish Bitcoin letters published this year and points towards the changing narratives around Bitcoin mining and how Bitcoin may help speed up the global transition to renewable energy.

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