Norwegian digital asset brokerage K33 has acquired 10 Bitcoin for roughly SEK 10 million.
This buy marks the primary transaction below its newly launched Bitcoin Treasury technique. The Oslo-based firm, listed on the Nasdaq First North Progress Market, plans to scale its Bitcoin (BTC) holdings over time, aiming for at least 1,000 BTC.
The acquisition follows K33’s announcement on Might 28 that it raised SEK 60 million (round $5.6 million) from insiders and aligned traders, together with Klein Group and Modiola AS, to fund its Bitcoin treasury.
The capital increase concerned the issuance of 150.56 million new shares and 301.12 million free warrants, with the latter probably unlocking an extra SEK 75 million if totally exercised earlier than March 2026.
CEO Torbjørn Bull Jenssen mentioned the technique displays K33’s perception in Bitcoin’s long-term function within the world monetary system. “Our ambition is to construct a steadiness of at the least 1,000 BTC over time after which scale from there,” he mentioned.
Bitcoin as a technique
K33’s transfer aligns with a rising pattern amongst public firms utilizing Bitcoin as a strategic asset.
Curiosity from firms in digital belongings is rising, with increasingly more public firms allocating Bitcoin to their steadiness sheets, in line with a current report from Binance.
K33 gives crypto buying and selling, custody, and analysis companies to institutional purchasers throughout EMEA.
By straight holding BTC, the agency goals to deepen synergies between its treasury belongings and brokerage enterprise, additional anchoring its place within the digital asset market.
