Bare Bitcoin passes 500 million NOK in trading volume this year

Last weekend, crypto exchange Bare Bitcoin passed 500 million Norwegian kroner in trading volume so far this year. According to a post by Torkel Rogstad on X (Twitter), this is more than Bare Bitcoin has had of trading in total from its inception in 2022 until 2025.

September 1, 2025

Bare Bitcoin was established in the fall of 2022 by Torkel Rogstad (left) and Bjørn Olav Jalborg, and has positioned itself as a “Bitcoin only” crypto exchange.

NOK 1 billion target

Already in mid-July, after a very good trading day, Rogstad stated that the company's hairy target for 2025 is NOK 1 billion. Rogstad then commented on X: “In jerks and pluck it appears completely impossible and very manageable. With a little more days like today it goes like a game!”

Yesterday, Rogstad posted the following comment on X: “Do we manage as much on the last four of the year as the first eight? Sicker things have happened (regularly!) in the history of bitcoin. I think I'll see you on the other side of the yard.”

Getting ready for a bull market

Close to 2 years ago, at the end of October 2023, we video interviewed Torkel Rogstad, under the title: “Bare Bitcoin” and Torkel Rogstad getting ready for a bull market”.

When we did the video interview, which you can see below, the Bitcoin exchange rate was around 30,000 USD.

So far, Rogstad seems to have been right in his predictions, both about Bitcoin and about Bare Bitcoin.