3 June 2025
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K33 Acquires 10 BTC for $1 Million Under New Treasury Strategy
K33, a Sweden-based digital asset brokerage, has completed its first transaction under a new bitcoin treasury strategy by acquiring 10 BTC for approximately SEK 10 million ($1 million). This purchase is part of K33's commitment to invest SEK 60 million ($6 million) in bitcoin.
- CEO Torbjørn Bull Jenssen stated expectations for Bitcoin as the best-performing asset in the coming years.
- K33 aims to build a balance of at least 1000 BTC over time.
- The strategy will provide direct exposure to Bitcoin prices and enhance synergies with K33's brokerage operations.