K33 Launches SEK 85 Million Share Issue to Acquire Bitcoin
Norwegian firm K33 raises SEK 85M to acquire Bitcoin, with full subscription commitments including significant CEO investment.
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K33, a leading digital asset brokerage and research firm based in Norway, has announced the launch of a directed share issue aimed at raising at least SEK 85 million, equivalent to approximately $8 million USD. This strategic financial move is part of K33's plan to acquire up to 1,000 Bitcoin (CRYPTO: BTC) to bolster its balance sheet.
The share offering has garnered significant attention, receiving full subscription commitments. Notably, K33's CEO, Torbjørn Bull Jenssen, has demonstrated his confidence in the initiative by committing a substantial €100,000 investment through his personal holding entity.
The offering is priced at SEK 0.1036 per share and is managed exclusively by Pareto Securities AS. This move marks a significant step for K33 as it seeks to leverage Bitcoin's potential to enhance its financial standing and operational capacity.
K33's decision to invest in Bitcoin reflects a broader trend in the financial sector, where digital assets are increasingly being recognized for their potential to diversify and strengthen balance sheets. By acquiring Bitcoin, K33 aims to position itself strategically within the evolving digital asset landscape.
The full story and further details about K33's financial strategies can be found on Benzinga.com.
Published on: July 15, 2025, 12:02 pm
