K33 begins Bitcoin shopping for with 10 BTC buy for treasury technique
Norwegian digital asset brokerage K33 has acquired 10 Bitcoin for about SEK 10 million.
This buy marks the primary transaction beneath its newly launched Bitcoin Treasury technique. The Oslo-based firm, listed on the Nasdaq First North Development Market, plans to scale its Bitcoin (BTC) holdings over time, aiming for no less than 1,000 BTC.
The acquisition follows K33’s announcement on Might 28 that it raised SEK 60 million (round $5.6 million) from insiders and aligned traders, together with Klein Group and Modiola AS, to fund its Bitcoin treasury.
The capital elevate concerned the issuance of 150.56 million new shares and 301.12 million free warrants, with the latter probably unlocking an extra SEK 75 million if absolutely exercised earlier than March 2026.
CEO Torbjørn Bull Jenssen stated the technique displays K33’s perception in Bitcoin’s long-term position within the international monetary system. “Our ambition is to construct a stability of a minimum of 1,000 BTC over time after which scale from there,” he stated.
Bitcoin as a method
K33’s transfer aligns with a rising pattern amongst public corporations utilizing Bitcoin as a strategic asset.
Curiosity from companies in digital belongings is growing, with increasingly more public corporations allocating Bitcoin to their stability sheets, in line with a current report from Binance.
K33 affords crypto buying and selling, custody, and analysis providers to institutional purchasers throughout EMEA.
By straight holding BTC, the agency goals to deepen synergies between its treasury belongings and brokerage enterprise, additional anchoring its place within the digital asset market.