{"id":3871,"date":"2025-06-18T16:16:11","date_gmt":"2025-06-18T16:16:11","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/06\/18\/k33-announces-plans-to-purchase-up-to-1000-bitcoin\/"},"modified":"2025-06-18T16:16:11","modified_gmt":"2025-06-18T16:16:11","slug":"k33-announces-plans-to-purchase-up-to-1000-bitcoin","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/06\/18\/k33-announces-plans-to-purchase-up-to-1000-bitcoin\/","title":{"rendered":"K33 Announces Plans To Purchase Up To 1,000 Bitcoin"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/k33-announces-plans-to-purchase-up-to-1000-bitcoin\">K33 Announces Plans To Purchase Up To 1,000 Bitcoin<\/a><\/p>\n<div><\/div>\n<p>K33 AB, a leading digital asset brokerage and research firm, <a href=\"https:\/\/storage.mfn.se\/56681a18-db42-4324-aeb4-513cb3e1cad0\/k33-launches-a-share-issue-to-finance-the-purchase-of-up-to-1000-bitcoin-with-a-minimum-of-sek-85-million-secured-through-pre-commitments.pdf\" target=\"_blank\">announced<\/a> today the launch of a SEK 85 million direct share issue to fund the purchase of <a href=\"https:\/\/bitcoinmagazine.com\/guides\/what-is-bitcoin\">Bitcoin<\/a>. The company aims to build Bitcoin as a core asset on its balance sheet, targeting the accumulation of up to 1,000 BTC as a strategic reserve.<\/p>\n<div class=\"wp-block-embed__wrapper\">\n<p> PRESS RELEASE: K33 launches a share issue to finance the purchase of up to 1000 Bitcoin, with a minimum of SEK 85 million secured through pre-commitments <a href=\"https:\/\/t.co\/sG1LZjR6EI\" target=\"_blank\">pic.twitter.com\/sG1LZjR6EI<\/a><\/p>\n<p>\u2014 K33 (@K33HQ) <a href=\"https:\/\/twitter.com\/K33HQ\/status\/1935216760027840548?ref_src=twsrc%5Etfw\" target=\"_blank\">June 18, 2025<\/a>\n<\/p><\/div>\n<p>The share issue, priced at SEK 0.1036 per share, is fully backed by existing shareholders and new investors. Proceeds from the raise will be used exclusively to acquire BTC, supporting K33\u2019s accumulation strategy revealed in May. By acquiring BTC, the company aims to strengthen its balance sheet, boost brokerage margins, launch new products, and attract more investors.<\/p>\n<p>\u201cThis raise marks a major milestone towards our initial goal of acquiring 1000 BTC before scaling further,\u201d commented the CEO of the Company Torbj\u00f8rn Bull Jenssen. \u201cWe strongly believe that Bitcoin represents the future of global finance and are positioning K33 to benefit maximally from this. A strong balance sheet built on Bitcoin enables us to significantly improve our brokerage operation while maintaining full exposure to Bitcoin\u2019s upside potential.\u201d<\/p>\n<p>As part of the strategy, K33 recently <a href=\"https:\/\/bitcoinmagazine.com\/news\/norwegian-public-company-k33-ab-purchased-10-btc-for-their-new-bitcoin-treasury-strategy\">completed<\/a> its first Bitcoin acquisition, purchasing 10 BTC for approximately SEK 10 million on June 3. This transaction is the initial deployment of capital from the SEK 60 million investment commitment announced earlier this year to support the company\u2019s BTC treasury.<\/p>\n<p>\u201cWe expect Bitcoin to be the best-performing asset in the coming years and will build our balance sheet in Bitcoin moving forward,\u201d stated Jenssen. \u201cThis will give K33 direct exposure to the Bitcoin price and help unlock powerful synergies with our brokerage operation. Our ambition is to build a balance of at least 1000 BTC over time and then scale from there.\u201d<\/p>\n<p>During its Q1 2025 Report and Strategic Outlook presentation, K33 underscored the accelerating institutional adoption of Bitcoin, referencing the rapid growth of the US Bitcoin ETFs, which attracted more capital in its first year than gold ETFs had in the past two decades.<\/p>\n<p>\u201cFor K33, Bitcoin is not only a high-conviction asset \u2014 it\u2019s also a strategic enabler,\u201d Jenssen said. \u201cWith a sizable BTC reserve, we will be able to strengthen our financial position while unlocking new revenue streams, product capabilities, and partnerships.\u201d<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/k33-announces-plans-to-purchase-up-to-1000-bitcoin\">K33 Announces Plans To Purchase Up To 1,000 Bitcoin<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/oscarperez\">Oscar Zarraga Perez<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine K33 Announces Plans To Purchase Up To 1,000 Bitcoin K33 AB, a leading digital asset brokerage and research firm, announced today the launch of a SEK 85 million direct share issue to fund the purchase of Bitcoin. The company aims to build Bitcoin as a core asset on its balance sheet, targeting the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":3872,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-3871","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=3871"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/3871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/3872"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=3871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=3871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=3871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}