Norwegian digital asset firm K33 has taken a major step toward expanding its crypto footprint by purchasing 10 Bitcoin worth approximately SEK 10 million. This marks the beginning of a broader Bitcoin Treasury strategy aimed at accumulating at least 1,000 BTC over time.
Backed by Strong Capital and Trusted Investors
This strategic move follows a successful SEK 60 million capital raise led by well-known investors including Klein Group and Modiola AS. As part of the funding round, K33 issued more than 150 million new shares and granted 301 million free warrants. If these warrants are exercised by 2026, they could bring in an additional SEK 75 million, further boosting the company’s investment capacity.
A Long-Term Bet on Bitcoin’s Role in Finance
K33’s CEO, Torbjørn Bull Jenssen, emphasized that the new strategy reflects the company’s strong belief in Bitcoin’s future as a core component of the global financial system. By holding Bitcoin directly, K33 aims to reinforce its existing services—such as crypto trading, secure custody, and market research—while positioning itself as a leader in the institutional crypto space.
This bold move sets the tone for what could be a transformative phase for K33, as it aligns its operations with the increasing demand from institutional investors looking to gain exposure to digital assets.
