On May 28, 2025, the crypto brokerage and research firm K33 in Oslo, Norway, announced the purchase of 6.2 million USD (over 60 million SEK) worth of Bitcoin (BTC) to establish a corporate reserve, joining the growing list of companies adopting this strategy. With Bitcoin trading at 108,904 USD (CoinMarketCap), the transaction reinforces confidence in BTC's role in the global financial system.
#K33 a crypto brokerage and research firm in Norway, signed a financial agreement with shareholders to purchase 6.2 million USD in Bitcoin. The funding comes from issuing new shares and debt bonds, demonstrating a strong commitment to BTC. CEO Torbjørn Bull Jenssen stated: “We believe Bitcoin will be an important part of the global financial system. The Bitcoin reserve is not only a strategic investment but also a driving force for K33 as a leading brokerage firm.”
This transaction reflects K33's belief in the long-term potential of Bitcoin, both as a hedge against inflation and a growth instrument. K33 has not disclosed the exact amount $BTC but with the price at 108,904 USD/BTC, it is estimated that the company owns about 57 BTC. This is a bold move, especially considering that Norway has 1.2 million crypto users and trades 300 million USD per quarter (Statista, 2025).
K33, in its role as a research firm, can promote the acceptance of crypto in Norway, where DeFi and NFTs are attracting 500,000 investors (Statista). The deal also enhances the reputation of crypto brokerage firms, competing with Binance and Coinbase.
Investing in Bitcoin carries high risks due to price volatility, hacks, and regulations. Investors need to protect their wallets against misconduct such as phishing and conduct thorough research (DYOR). The information in this article is for reference only and is not investment advice. #anhbacong