The Norwegian Broker K33 decided to add Bitcoin to the balance sheet. He collected 60 million Swedish rang (about $ 6.2 million) for the purchase and maintenance of cryptocurrency.
Based on reports, cash comes from a mixture of replacement loans and fresh problems with shares and orders.
The fresh funding round is collected by 60 million bark
According to May 28, K33 statement45 million Krona from all over the whole comes from free convertible loans. These loans have no interest and maturation on June 30, 2028.
The rest, 15 million Kron, will be raised thanks to the fresh sales of shares and free orders. If all orders and conversions occur, K33 can attract up to 75 million lamps.
Bitcoin purchase plan presented
Based on reports, fresh funds will be “in full” to build what K33 calls the Bitcoin treasury strategy. At today’s price, just over USD 108,000 for a coin, the company could buy about 57 BTC. This gives them a decent BTC pile to work when they introduce fresh services.
Bitcoin will be the best -working resource in the coming decade, and my goal in K33 is to accumulate as much as possible, while unlocking powerful operational synergies thanks to our brokerage operation. https://t.co/crxu0b5qpz
– Torbjørn (@Torbjrnbulljes) May 28, 2025
Management sees long -term profits
The CEO of Bull Jenssen has published on X that he expected Bitcoin to be “the best efficient resource in the coming decade.” He wrote that K33 “gathers as much as possible, while unlocking powerful operational synergies thanks to our brokerage operation.”
He also asked:
“Why wait for the government to build a cryptographic reserve if you can build your own?”
Risk and prizes
The price of the K33 shares barely increased and actually dropped by 1.90% on May 28. This shows that some investors are worried about the wild Bitcoin swings. This is a known fact that BTC can jump or lose 10% or more in one day.
Gamestop recorded an escalate in stocks by about 10% after he said that he would buy Bitcoin, just to move 10% when he made the first purchase of 4710 BTC. And the supplies of the Blockchain group in Paris once increased by 220%when he started buying bitcoins.
Building Bitcoin reserve also opens the door. Jenssen told investors that a gigantic BTC Holding could support launch loans supported by Bitcoin and escalate the brokerage shoulder.
With fresh cash, they plan to join forces with other Nordic companies that do the same. He said that their State Treasury would be the basis for fresh ideas for revenues and products.
A distinguished picture from Unsplash, TradingView chart
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