K33 has purchased an additional 10 Bitcoin (BTC) for a total purchase price of approximately 10 million Swedish kronor. The company now has 20 Bitcoin on its balance sheet.
“We expect Bitcoin to be the best performing asset in the years ahead and will build our balance sheet in Bitcoin going forward. This will give K33 direct exposure to the Bitcoin price and help trigger strong synergies with our brokerage operation. Our ambition is to build a balance of at least 1000 BTC and then scale further,” says Torbjørn Bull Jenssen, CEO of K33.
Here you can see a video interview with Torbjørn Bull Jenssen on the same day that the Bitcoin strategy was announced.
We at Kaupr have also analyzed how K33's Bitcoin Treasury strategy can be linked to a Crypto-as-a-Service Strategy.
Bull Jenssen is one of a total of five senior executives with a Bitcoin Treasury strategy who were speakers at the “State of Bitcoin in the Nordics” live event on June 4. Footage from this live event is available here.
K33 has purchased an additional 10 Bitcoin (BTC) for a total purchase price of approximately 10 million Swedish kronor. The company now has 20 Bitcoin on its balance sheet.
“We expect Bitcoin to be the best performing asset in the years ahead and will build our balance sheet in Bitcoin going forward. This will give K33 direct exposure to the Bitcoin price and help trigger strong synergies with our brokerage operation. Our ambition is to build a balance of at least 1000 BTC and then scale further,” says Torbjørn Bull Jenssen, CEO of K33.
Here you can see a video interview with Torbjørn Bull Jenssen on the same day that the Bitcoin strategy was announced.
We at Kaupr have also analyzed how K33's Bitcoin Treasury strategy can be linked to a Crypto-as-a-Service Strategy.
Bull Jenssen is one of a total of five senior executives with a Bitcoin Treasury strategy who were speakers at the “State of Bitcoin in the Nordics” live event on June 4. Footage from this live event is available here.