K33 released three news today and we at Kaupr have spoken to Torbjørn Bull Jenssen about all three; the results for the first quarter, a new Bitcoin Treasury strategy and a financing package of SEK 60 million to finance its growth and Bitcoin purchases.
In the first quarter of this year, K33 had a growth in revenue of 20%, while the volume in the market decreased by 10 percent. With its new Bitcoin strategy, K33 is going to buy Bitcoin on its balance sheet, similar to Michael Saylor and Strategy. To fund its growth and Bitcoin purchases, the company's major shareholders are lining up with a financial package of SEK 60 million, and potentially additional 75 MSEK could come in via options.
Below you can watch the video interview with Bull Jenssen.
We will update this article in due course.
K33 released three news today and we at Kaupr have spoken to Torbjørn Bull Jenssen about all three; the results for the first quarter, a new Bitcoin Treasury strategy and a financing package of SEK 60 million to finance its growth and Bitcoin purchases.
In the first quarter of this year, K33 had a growth in revenue of 20%, while the volume in the market decreased by 10 percent. With its new Bitcoin strategy, K33 is going to buy Bitcoin on its balance sheet, similar to Michael Saylor and Strategy. To fund its growth and Bitcoin purchases, the company's major shareholders are lining up with a financial package of SEK 60 million, and potentially additional 75 MSEK could come in via options.
Below you can watch the video interview with Bull Jenssen.
We will update this article in due course.
