Initiating the new share issuance to fund the purchase of 1,000 Bitcoins
K33 has officially launched a new share issuance aimed at raising funds to purchase up to 1,000 Bitcoins. Through this, the business expects to raise a minimum of 85 million SEK (8.85 million USD) from prior commitments.
The sole management unit of this offering is Pareto Securities AS, carried out through a directed issuance method. The bid price per share in the offering will be 0.1036 SEK, accurately reflecting the closing price of K33 shares on the Nasdaq First North Growth Market on June 17.
The minimum bid for each investor will be approximately 100,000 SEK; however, the company may offer smaller amounts below the euro equivalent of 100,000 EUR to maximize accessibility for investors.
Progress of K33's cryptocurrency initiatives
📢 PRESS RELEASE: K33 is issuing shares to fund the purchase of up to 1,000 Bitcoins, with a minimum of 85 million SEK already secured through prior commitments pic.twitter.com/sG1LZjR6EI
— K33 (@K33HQ) June 18, 2025
Norwegian company K33 has announced a new share issuance to enhance its financial infrastructure, strengthen its market position by accumulating Bitcoin. This initiative will help the business expand operational capabilities, improve profit margins, and create new products based on blockchain and cryptocurrency technology.
Furthermore, K33 expects this issuance will strengthen its competitive capability when collaborating with large institutional partners. This will accelerate growth without risking the company's digital assets.
Bitcoin accumulation and long-term development strategy
In its Bitcoin accumulation strategy since May 28, K33 has signed investment agreements worth a total of 60 million SEK, including the issuance of 300 million shares, 600 options worth 15 million SEK, and convertible loans worth 45 million SEK. The business believes this strategy will provide financial stability and expand operational scale.
According to CEO Torbjorn Jenssen, K33 plans to build a Bitcoin portfolio of at least 100 Bitcoins to effectively leverage the profitability of this leading digital currency. The company hopes to capitalize on market events to scale up while maintaining liquidity and operational risk.
The registration period for the new share issuance begins on June 18
The registration period runs from 09:00 CEST on June 18 to 17:30 CEST on June 19. The company has purchased 5 Bitcoins with a total value of approximately 5 million SEK. Investors may receive notifications of share distribution based on criteria such as prior commitments, existing ownership, time of registration, and understanding of the industry.
In the preparatory phase, commitments have been received from existing shareholders, including an investment of 100,000 EUR from CEO Torbjorn Jenssen through Muunilinst AS along with new investors participating at least at the offer price. Notably, all investors will vote in favor of related decisions in the notice of the Extraordinary General Meeting on July 3.
Source: https://tintucbitcoin.com/k33-phat-hanh-co-phan-mua-1k-btc/
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