K33 is conducting an issue to fund the purchase of up to 1000 Bitcoin, with a minimum of SEK 85 million secured through upfront commitments. K33 has also purchased another 5 BTC for approximately 5 MSEK.
K33, announced on Wednesday a directed issue of new shares in order to recoup a gross minimum amount of SEK 85 million. Pareto Securities has been selected as the facilitator of the issue. The subscription price per Offer Share in the Directed Issue will be SEK 0.1036. CEO Torbjørn Bull Jenssen has also committed to subscribe for one million shares.
The money from the directed issue is to be used to buy Bitcoin which K33 will hold on its balance sheet. According to a notice, this should also provide real operational leverage for K33 as a broker. It will improve K33's margins, enable new product offerings and strengthen K33's ability to win larger institutional partnerships.
As announced in a press release on May 28, 2025, K33 has started a new business area in the form of a BTC accumulation strategy, with the goal of strengthening its financial position and opening up new product and partnership opportunities.
Through the directed issue, K33 gains rapid access to capital, enabling K33 to execute its BTC accumulation strategy and pursue favorable investment opportunities, while strengthening K33's strategic position through the involvement of strategically important investors.
K33 is conducting an issue to fund the purchase of up to 1000 Bitcoin, with a minimum of SEK 85 million secured through upfront commitments. K33 has also purchased another 5 BTC for approximately 5 MSEK.
K33, announced on Wednesday a directed issue of new shares in order to recoup a gross minimum amount of SEK 85 million. Pareto Securities has been selected as the facilitator of the issue. The subscription price per Offer Share in the Directed Issue will be SEK 0.1036. CEO Torbjørn Bull Jenssen has also committed to subscribe for one million shares.
The money from the directed issue is to be used to buy Bitcoin which K33 will hold on its balance sheet. According to a notice, this should also provide real operational leverage for K33 as a broker. It will improve K33's margins, enable new product offerings and strengthen K33's ability to win larger institutional partnerships.
As announced in a press release on May 28, 2025, K33 has started a new business area in the form of a BTC accumulation strategy, with the goal of strengthening its financial position and opening up new product and partnership opportunities.
Through the directed issue, K33 gains rapid access to capital, enabling K33 to execute its BTC accumulation strategy and pursue favorable investment opportunities, while strengthening K33's strategic position through the involvement of strategically important investors.
