Press Release Summary
Ace Digital AS (Euronext Growth Oslo: ACED) has acquired 100% of Ace Funds AS, a
dormant but compliant Alternative Investment Fund (AIF) and Fund Manager (AIFM)
in Oslo.
The acquisition, effective immediately, provides Ace Digital with full control
of the fund management structure, further strengthens the company's
Bitcoin-focused strategy without impacting liquidity. Ace Digital plans to
launch a NOK 5 million Bitcoin Treasury Company Fund for professional investors
by year-end 2025, focusing on long/short Bitcoin strategies with robust risk
management. The fund will rely on reverse solicitation and comply with AIFMD
regulations. Ace Digital is closely monitoring regulatory changes, including
proposed 2026 AIFMD updates, and will maintain dialogue with Finanstilsynet to
ensure compliance. Alternatively, Ace Funds AS may be reactivated as a
subsidiary to house Ace Digital's Bitcoin treasury or operate without AIF/AIFM
licenses. The company is exploring MiFID and MiCA licenses to expand
capabilities and may develop additional Bitcoin-related funds. Updates on fund
decisions and restructuring are expected by early 2026.
"This acquisition is a strategic milestone for our shareholders, reinforcing our
commitment to building value in the Bitcoin ecosystem," said Alexander Hagen,
CEO of Ace Digital AS.
Contact
Alexander Hagen, CEO Ace Digital AS
E-mail: ah@acedigital.no
About Ace Digital
Ace Digital AS is a holding company dedicated to creating value in the Bitcoin
ecosystem through strategic investments and active ownership in subsidiaries.
Our vision is to be the Nordic region's leading platform for Bitcoin
investments, with Bitcoin as a cornerstone of our balance sheet.
The company is listed on Euronext Growth Oslo under the ticker ACED.
www.acedigital.no