The Norwegian broker K33 has set a view to add Bitcoin to the loan table. It raised 60 million Swedish Krona (about $ 6.2 million) to buy and maintain Cryptocurrency.
Based on the report, cash comes from the mixing of convertible loans and new shares and warranty issues.
The new financing round raises 60 million krona.
According to the K33’s May 28 statement, a total of 45 million krn comes from interest -free loans. These loans are not interested and mature on June 30, 2028.
The remaining 15 million Krona will be raised through new stock sales and free warrants. If all warrants and transitions occur, the K33 can draw up to 75 million krn.
Bitcoin purchase plan is explained
Based on the report, Fresh Funds proceeds to “full” to build what K33 calls the Bitcoin financial strategy. Today, the company can buy about 57 BTC at a price of more than $ 108,000 per coin. It provides them with good BTC piles when launching a new service.
Bitcoin will be the best performance assets for the next 10 years, and the goal of K33 is to unlock strong operating synergy with brokerage operations as much as possible. https://t.co/crxu0b5qpz
-Torbjørn (@torbjrnbulljens) May 28, 2025
Executives see long -term interests
Bull Jenssen’s CEO expects Bitcoin to be “the best asset for the next 10 years.” He wrote that K33 will accumulate as much as possible while unlocking strong operating synergy through intermediary operation.
He also asked:
“Why do you wait for the government to build a preliminary encryption when the government can build it yourself?”
Risk and reward
K33’s share price was almost 1.90% on May 28 and almost 1.90%. This shows that some investors are worried about Bitcoin’s wild swing. It is known that BTC can jump or drop more than 10% in one day.
Gamestop saw that stocks increased by 10% after saying that they would buy Bitcoin. And Paris’s blockchain group stocks surged 220%once they started buying Bitcoin.
If you build a Bitcoin protection zone, the door opens. Jenssen told investors that a significant BTC possession could help K33 fires Bitcoin loans and increase brokerage weapons.
With fresh cash they plan to do the same thing as other Nordic companies. He said their finance would be the basis for new profits and product ideas.
Chart of TradingView, the main image of Unsplash
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