Norwegian cryptocurrency company K33 plans to raise at least 85 million SEK to buy up to 1,000 BTC
The fundraising plan aims to scale up investment in Bitcoin
On June 18, a prominent digital asset company in Norway, K33, announced plans to raise at least 85 million SEK (approximately 8.5 million USD) through a private share issuance. Their goal is to accumulate up to 1,000 Bitcoin, one of the largest market-cap cryptocurrencies currently available. The raised funds will be used to strengthen the balance sheet, expand profit margins, and facilitate new products aimed at larger institutional partners.
Strategic objectives and the role of BTC in the investment portfolio
The CEO of K33 emphasized that this fundraising marks an important milestone in the company's strategy to increase its Bitcoin holdings. Accumulating Bitcoin is expected to help them capitalize on the sustainable growth trend of cryptocurrencies, while also improving profitability from trading activities and storing digital assets. With this significant investment, K33 aims to enhance overall value and strengthen its position in the global digital asset market.
Source: https://tintucbitcoin.com/k33-du-kien-phat-hanh-co-phan-de-mua-bitcoin/
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