TechFlow, June 18 — According to an official announcement, Norwegian digital asset firm K33 has announced a directed share issuance with a minimum fundraising target of 85 million Swedish kronor (approximately $8.88 million). The proceeds will be used to execute its Bitcoin accumulation strategy and strengthen the company's balance sheet.
K33 CEO Torbjørn Bull Jenssen said: "This financing marks an important milestone toward our initial goal—acquiring 1,000 bitcoins before further expansion. We firmly believe that Bitcoin represents the future of global finance, and building a strong balance sheet anchored in Bitcoin will significantly enhance our brokerage operations while maintaining full exposure to Bitcoin's upside potential."
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