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K33 Announces Plans To Purchase Up To 1,000 Bitcoin

4 weeks ago
in Bitcoin
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K33 AB, a number one digital asset brokerage and analysis agency, introduced right now the launch of a SEK 85 million direct share difficulty to fund the acquisition of Bitcoin. The corporate goals to construct Bitcoin as a core asset on its stability sheet, focusing on the buildup of as much as 1,000 BTC as a strategic reserve.

📢 PRESS RELEASE: K33 launches a share difficulty to finance the acquisition of as much as 1000 Bitcoin, with a minimal of SEK 85 million secured by way of pre-commitments pic.twitter.com/sG1LZjR6EI

— K33 (@K33HQ) June 18, 2025

The share difficulty, priced at SEK 0.1036 per share, is absolutely backed by present shareholders and new traders. Proceeds from the elevate might be used completely to accumulate BTC, supporting K33’s accumulation technique revealed in Might. By buying BTC, the corporate goals to strengthen its stability sheet, enhance brokerage margins, launch new merchandise, and entice extra traders.

“This elevate marks a serious milestone in direction of our preliminary objective of buying 1000 BTC earlier than scaling additional,” commented the CEO of the Firm Torbjørn Bull Jenssen. “We strongly imagine that Bitcoin represents the way forward for international finance and are positioning K33 to profit maximally from this. A powerful stability sheet constructed on Bitcoin allows us to considerably enhance our brokerage operation whereas sustaining full publicity to Bitcoin’s upside potential.”

As a part of the technique, K33 not too long ago accomplished its first Bitcoin acquisition, buying 10 BTC for about SEK 10 million on June 3. This transaction is the preliminary deployment of capital from the SEK 60 million funding dedication introduced earlier this 12 months to help the corporate’s BTC treasury.

“We anticipate Bitcoin to be the best-performing asset within the coming years and can construct our stability sheet in Bitcoin shifting ahead,” acknowledged Jenssen. “It will give K33 direct publicity to the Bitcoin value and assist unlock highly effective synergies with our brokerage operation. Our ambition is to construct a stability of a minimum of 1000 BTC over time after which scale from there.”

Throughout its Q1 2025 Report and Strategic Outlook presentation, K33 underscored the accelerating institutional adoption of Bitcoin, referencing the speedy progress of the US Bitcoin ETFs, which attracted extra capital in its first 12 months than gold ETFs had previously twenty years.

“For K33, Bitcoin shouldn’t be solely a high-conviction asset — it’s additionally a strategic enabler,” Jenssen mentioned. “With a large BTC reserve, we can strengthen our monetary place whereas unlocking new income streams, product capabilities, and partnerships.”





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