K33 has acquired 10 Bitcoin (BTC) for a total consideration of approximately SEK 10 million. This marks the inaugural transaction under K33’s recently launched Bitcoin Treasury strategy.
K33 recently launched a Bitcoin Treasury strategy and announced that it had secured SEK 60 million to buy Bitcoin. According to an announcement from K33 today´s purchase is the first transaction related to this initiative.
“We expect Bitcoin to be the best-performing asset in the coming years and will build our balance sheet in Bitcoin moving forward. This will give K33 direct exposure to the Bitcoin price and help unlock powerful synergies with our brokerage operation. Our ambition is to build a balance of at least 1000 BTC over time and then scale from there.” said 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-Servicestrategy.
Bull Jenssen is one of a total of 5 top executives with a Bitcoin Treasury strategy who will be attending the “State of Bitcoin in the Nordics” live event 4. June from 11am-1pm.
K33 has acquired 10 Bitcoin (BTC) for a total consideration of approximately SEK 10 million. This marks the inaugural transaction under K33’s recently launched Bitcoin Treasury strategy.
K33 recently launched a Bitcoin Treasury strategy and announced that it had secured SEK 60 million to buy Bitcoin. According to an announcement from K33 today´s purchase is the first transaction related to this initiative.
“We expect Bitcoin to be the best-performing asset in the coming years and will build our balance sheet in Bitcoin moving forward. This will give K33 direct exposure to the Bitcoin price and help unlock powerful synergies with our brokerage operation. Our ambition is to build a balance of at least 1000 BTC over time and then scale from there.” said 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-Servicestrategy.
Bull Jenssen is one of a total of 5 top executives with a Bitcoin Treasury strategy who will be attending the “State of Bitcoin in the Nordics” live event 4. June from 11am-1pm.