Financial services firm K33 has secured approximately $8 million (SEK 85 million) through a directed share issuance to fund the acquisition of up to 1,000 Bitcoins for its corporate treasury.
The capital infusion will strengthen K33’s brokerage capabilities while addressing operational risks, with CEO Torbjørn Bull Jenssen contributing a personal investment of €100,000. The Bitcoin holdings are strategically positioned to enhance brokerage margins and attract institutional clientele seeking secure crypto exposure.
This initiative mirrors accelerating corporate adoption of digital assets, following recent moves such as Metaplanet Inc.’s $210 million bond offering for Bitcoin accumulation and Strategy’s purchase of 10,101 BTC. Bitcoin’s market valuation remains robust at approximately $104,522 per token during the announcement.
K33’s substantial allocation signals strong conviction in Bitcoin’s long-term appreciation potential and may accelerate balance sheet adoption trends within traditional finance sectors seeking cryptoasset diversification.