K33 Launches Share Offering to Buy 1,000 Bitcoins
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K33 launches share offering to purchase 1,000 Bitcoins for treasury. CEO personally invests €100,000 in bold Bitcoin acquisition strategy. Firms like Davies and H100 embrace Bitcoin for financial diversification. Norwegian digital asset firm K33 has announced a new round of directed share issuance. The company aims to raise at least SEK 85 million through this offering. The funds will be used to buy up to 1,000 Bitcoins for the company’s balance sheet. The acquisition is in line with K33’s long-term plan to increase its assets and establish a stronger financial standing. The offering has already been subscribed in full. Notably, the chief executive officer himself has contributed an amount of Euro 100,000 using his organization. K33 Raises Capital to Fuel Bitcoin Holdings and Innovation K33 is one of the top digital asset dealing brokerages and research firms. On May 28, 2025, the corporation declared the commencement of an upcoming Bitcoin collection plan. Such a plan will enhance its operations and open new areas of products and collaboration. This offering will provide K33 with speedy access to capital. This will enable the company to cost-effectively pursue the Bitcoin objectives. Besides, with the proceeds of the issue of shares, Bitcoin will be acquired. As a result of holding Bitcoin in the balance sheet, K33 will be able to beef up its margins. It will also facilitate new products and bring bigger institutional partners. It is a step that may result in scalable growth and safe storage of the purchased Bitcoin. The company mentioned that the proceeds are not limited. This implies that K33 will be able to deploy any sum above SEK 85 million in the application period. Nonetheless, a maximum limit can be provided by the Board of Directors where necessary. Torbjorn Bull Jenssen, who is the CEO of K33, termed…
Filed under: News - @ June 18, 2025 8:26 pm