K33 Launches Bitcoin Treasury, Invests SEK 60 Million to It

Norwegian crypto broking service K33 has put a Bitcoin treasury program in place, supported by the fire power of SEK 60m (about USD 6.2m). The company plans to deploy the secured capital to buy and hold Bitcoin as part of its overall strategic holding strategy.

source of funds and investor motivation

The funding comprises SEK45,000,000 of zero coupon convertible loans due in June 2028, and SEK 15,000,000 raised through issuance of new shares and warrants. Investors who exercise their warrants before March 2026 also will be entitled to additional free warrants, whCEO’s Vision for Bitcoin

CEO Bull Jensen expects Bitcoin to be the best performing asset of the next ten years. He highlighted how BTCGuy has served for years and would continue to do so for some time to come: as long-term investment and strategic asset to power K33’s growth in crypto-backed financial services.

Market Response and Financial Summary

Despite the news, K33’s stock price fell 1.96 per cent on May 28. But the company was solid, with Q1 2015 revenues at SEK 450 million ($ 46.6 million)Collaborations and Prospects for the Future

K33 also wants to partner with other Nordic companies to use its stash of BTC to power other products such as Bitcoin-backed loans, to build on its treasury by creating a gateway for innovation and the need for more services.

Industry trends and comparisons

K33 is in line with global players such as Strategy and Metaplanet. Head of Research Vetle Lunde said that the decline in the veloci Meanwhile, Metaplanet raised $21 million via zero-interest bonds to increase its Bitcoin holdings.ty at which BTC is being accumulated has to do with market, such as a fall in the premium on BTC-focused stocks.ich could be worth SEK 75 million ($7.7 million) in more Bitcoin purchases.


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