Norway just voted in favor of all five management proposals for Metaplanet’s upcoming Extraordinary General Meeting (EGM) on Dec. 22, endorsing the firm’s bitcoin treasury strategy.
Norway’s government will temporarily block the development of new Bitcoin and cryptocurrency mining facilities starting this year, prioritizing energy for other industries.
The shutdown of a Bitcoin mining facility in Norway caused a 20% increase in electricity bills for the town's residents. The loss of the mining operation's revenue forced the local power company to raise rates to offset costs.
PREDICT BITCOIN