European Crypto Firm K33 Raises $6.2M for Bitcoin Buys
- Norwegian crypto firm K33 raised 60 million Swedish krona on May 28, 2025, to purchase Bitcoin and build its treasury strategy.
- K33 secured the funds through interest-free convertible loans maturing in 2028 and a new share issuance with free warrants to investors.
- The company plans to buy about 57 Bitcoin at the current price near $108,000, aiming to support growth and new financial products.
- CEO Bull Jenssen said K33 will accumulate as many Bitcoins as possible to unlock operational synergies and expects Bitcoin to lead asset performance in the next decade.
- This decision aligns with an increasing number of companies incorporating Bitcoin into their treasury assets, indicating K33's intent to enhance its financial position and diversify its income sources.
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Bitcoin Bound: European Firm K33 Raises $6.2 Milion For Strategic Buys - Coin Surges
Norwegian broker K33 has set its sights on adding Bitcoin to its balance sheet. It raised 60 million Swedish krona (about $6.2 million) to buy and hold the cryptocurrency. Based on reports, the cash comes from a mix of convertible loans and new share and warrant issues. New Funding Round Raises 60 Million Krona According to K33’s May 28 statement, 45 million krona of the total comes from interest-free convertible loans. Those loans don’t carry a…
Bitcoin Bound: European Firm K33 Raises $6.2 Milion For Strategic Buys
Norwegian broker K33 has set its sights on adding Bitcoin to its balance sheet. It raised 60 million Swedish krona (about $6.2 million) to buy and hold the cryptocurrency. Based on reports, the cash comes from a mix of convertible loans and new share and warrant issues. Related Reading: Strive Eyes BTC With $750 Million […]
K33 Raises $6.2M To Launch Bitcoin Treasury Strategy
K33 has raised about $6.2M to launch their own Bitcoin Treasury through interest-free loans, new shares, and warrants. With Bitcoin trading above $108,000, K33 could purchase around 57 BTC, and if investors fully exercise their warrants by March 2026, the firm could raise an additional $7.7 million to grow its Bitcoin reserves more. K33, a European crypto firm, has raised $6.2 million to kickstart its new Bitcoin-focused investment strategy. The…
Norwegian Firm K33 Launches Bitcoin Treasury After Major Fundraising Round
K33 raised $6.2 million to buy Bitcoin and build a new treasury strategy for its business. The company plans to use Bitcoin to support growth and offer new crypto financial services. K33 could raise more funds through warrants if investors convert them before the March 2026 deadline. Norwegian crypto firm K33 has secured 60 million Swedish krona to build a Bitcoin treasury. The company aims to follow other public firms adding Bitcoin to their ba…
U.K.'s Smarter Web Company adds $2.7m worth of Bitcoin to its holdings
The Smarter Web Company recently added 24.53 BTC to its Bitcoin treasury, vowing to continue its long-term BTC accumulation strategy dubbed ‘the 10 year plan.’ On May 29, the U.K.-listed technology and digital services provider recently invested £2 million or…
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