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    Home»Bitcoin News»K33 Announces Plans To Purchase Up To 1,000 Bitcoin
    Bitcoin News

    K33 Announces Plans To Purchase Up To 1,000 Bitcoin

    Team_SimonCryptoBy Team_SimonCryptoJune 19, 2025No Comments3 Mins Read
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    K33 AB, a number one digital asset brokerage and analysis agency, announced at present the launch of a SEK 85 million direct share problem to fund the acquisition of Bitcoin. The corporate goals to construct Bitcoin as a core asset on its stability sheet, concentrating on the buildup of as much as 1,000 BTC as a strategic reserve.

    📢 PRESS RELEASE: K33 launches a share problem to finance the acquisition of as much as 1000 Bitcoin, with a minimal of SEK 85 million secured by pre-commitments pic.twitter.com/sG1LZjR6EI

    — K33 (@K33HQ) June 18, 2025

    The share problem, priced at SEK 0.1036 per share, is totally backed by current shareholders and new buyers. Proceeds from the increase shall be used solely to amass BTC, supporting K33’s accumulation technique revealed in Might. By buying BTC, the corporate goals to strengthen its stability sheet, enhance brokerage margins, launch new merchandise, and appeal to extra buyers.

    “This increase marks a serious milestone in the direction of our preliminary purpose of buying 1000 BTC earlier than scaling additional,” commented the CEO of the Firm Torbjørn Bull Jenssen. “We strongly consider that Bitcoin represents the way forward for world finance and are positioning K33 to profit maximally from this. A powerful stability sheet constructed on Bitcoin permits us to considerably enhance our brokerage operation whereas sustaining full publicity to Bitcoin’s upside potential.”

    As a part of the technique, K33 not too long ago completed its first Bitcoin acquisition, buying 10 BTC for about SEK 10 million on June 3. This transaction is the preliminary deployment of capital from the SEK 60 million funding dedication introduced earlier this yr to help the corporate’s BTC treasury.

    “We count on Bitcoin to be the best-performing asset within the coming years and can construct our stability sheet in Bitcoin transferring ahead,” said Jenssen. “This may give K33 direct publicity to the Bitcoin worth and assist unlock highly effective synergies with our brokerage operation. Our ambition is to construct a stability of no less than 1000 BTC over time after which scale from there.”

    Throughout its Q1 2025 Report and Strategic Outlook presentation, K33 underscored the accelerating institutional adoption of Bitcoin, referencing the fast progress of the US Bitcoin ETFs, which attracted extra capital in its first yr than gold ETFs had previously 20 years.

    “For K33, Bitcoin is just not solely a high-conviction asset — it’s additionally a strategic enabler,” Jenssen mentioned. “With a large BTC reserve, we will strengthen our monetary place whereas unlocking new income streams, product capabilities, and partnerships.”





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