K33 Secures $6.2M to Build Bitcoin Treasury for Long-Term Investment

Norway’s crypto brokerage firm, K33, has raised $6.2 million to purchase and hold a significant amount of Bitcoin. The funding will be used to establish a dedicated Bitcoin treasury strategy, according to CEO Bull Jenssen who believes Bitcoin will lead all assets in the coming decade. 💰 K33 secured this capital through convertible loans totaling 45 million Swedish Krona (approx. $4.8 million) and new share and warrant issuance amounting to 15 million Swedish Krona ($1.6 million). These funds will enable K33 to buy up to 57 Bitcoin based on its current price, exceeding $108,000 per coin.