Aker (AKER) | BTCTreasuryInfo.com

Treasury Qualification

Treasury classificationOperating Company with BTC Treasury

Qualification tierPending qualification

Directory statusNeeds Review

Ownership statusHistorical-only: retain 678.6 attributable BTC at June 30, 2025, representing Aker's 90% interest in Seetee's 754 BTC. The remaining 75.4 BTC is a minority-ownership allocation, not restricted owned BTC, so btc_restricted_or_other is null. The 754 reported/subsidiary quantities retain their historical June 2025 scope and are not additional attributable BTC. H1 2026 confirms 90% ownership but no newer BTC quantity. Needs Review / pending; historical balance is not included in totals and no fresh holdings verification is implied.

Strategic intent

Aker has strategic Bitcoin exposure through Seetee, an Aker-family company that keeps its liquid investable assets in Bitcoin, describes Bitcoin as its treasury asset, and states that its strategy is to hold Bitcoin while investing in the Bitcoin ecosystem. Aker treats the Seetee position as part of its unlisted portfolio and has highlighted the holding as hidden value within its investment portfolio.

Bitcoin Treasury

Last verified attributable BTC678.6 BTC

Balance dateJune 30, 2025

Estimated valueUnavailable

Average purchase priceNot disclosed

Not included in totals

Historical balance only — current eligible balance not established

Ownership and Restrictions

Component figures are shown only when separately disclosed and may overlap; they are not additive. Components refer to the eligible balance date unless dated otherwise in research notes. “Not separately disclosed” does not imply zero.

Total BTC reported754

Unencumbered / unrestrictedNot separately disclosed

Pledged as collateralNot separately disclosed

Loaned to third parties0

Subsidiary-owned754

Other restricted owned BTCNot separately disclosed

Latest Financial Results

Reporting period: Six months ended June 30, 2026

RevenuePending

Operating income/loss$22,872,000,000

Net income/loss$24,232,000,000

CashPending

Management

Chief executive officer: Øyvind Eriksen
Chief financial officer: Svein Oskar Stoknes
Executive chair: Kjell Inge Røkke

Research Notes

Aker reported in its second-quarter 2025 shareholder letter that Seetee holds 754 BTC, valued at approximately NOK 800 million, and that Aker owns 90% of Seetee. The directory therefore counts 678.6 BTC as the Bitcoin economically attributable to Aker ASA, while recording the full 754 BTC as the subsidiary-reported balance. The remaining 75.4 BTC represents the non-Aker minority interest and is excluded from the verified attributable total. Seetee's own materials state that Bitcoin is its treasury asset and that its strategy is to hold Bitcoin while investing in the Bitcoin ecosystem. No customer, borrowed, or third-party custodial Bitcoin is included. The reviewed Aker disclosure did not provide a pledged-versus-unencumbered Bitcoin reconciliation, so those fields remain unspecified. September 29, 2026 methodology and financial refresh: Historical-only: retain 678.6 attributable BTC at June 30, 2025, representing Aker's 90% interest in Seetee's 754 BTC. The remaining 75.4 BTC is a minority-ownership allocation, not restricted owned BTC, so btc_restricted_or_other is null. The 754 reported/subsidiary quantities retain their historical June 2025 scope and are not additional attributable BTC. H1 2026 confirms 90% ownership but no newer BTC quantity. Needs Review / pending; historical balance is not included in totals and no fresh holdings verification is implied. NOK, six months ended June 30, 2026; consolidated balance sheet at June 30. revenue remains null because NOK 27,971,000,000 is labeled 'Operating income' and includes transaction-related income; mapping to revenue is unresolved. operating_income 22,872,000,000 maps to 'Operating profit'. net_income 24,232,000,000 maps to 'Profit for the period', consolidated including minority interests and discontinued operations; do not substitute parent-attributable 23,873,000,000. Total assets 123,621,000,000. Cash and liabilities remain null pending bank-deposit and held-for-sale obligation mapping. Correct CFO to Svein Oskar Stoknes; Frank O. Reite is deputy chair. Management page is undated; last_verified is unchanged. Financial source: https://storage.mfn.se/286cd506-3e93-437d-81a0-3f32ea1ccf86/aker-asa-2q-and-half-year-2026-report.pdf (published July 16, 2026). Eligible historical/current evidence: https://www.akerasa.com/about/ceo-letter/2025/second-quarter-2025 (source date: Q2 2025 shareholder letter; exact publication day not established in approved changeset). Management evidence: https://www.akerasa.com/about/board-and-management. Historical notes above are preserved as dated history; earlier eligibility descriptions do not override this review. The existing last_verified date is unchanged and is not a blanket verification of unresolved fields.