33 of the Norwegian Crypto Brokerage firm plans to join the growing number of Bitcoin companies after collecting 60 60 million Swedish Karuna ($ 6.2 million) to buy and hold Cryptocurrency.
K -33 said on May 28 that it had received financial support through a new issue of Conrable Loans and shares and warrants, which would be fully used to achieve BitCoin to establish Bitcoin Treasury Strategy. “
Warrants are zero interest securities that investors can later convert to equity at the same price. The current price of 33 BTC can only buy 57 bit coins (BTC) at more than 108,000.
K33 CEO Bill Jensen posted on the X on May 28 that he believes BitCoin will be “the best performing asset to the coming decade”, and his company will “collect more and more by unlocking powerful operational harmony with our brokerage operation.”
“Why do the government wait for the government to make a bitcoin reserve when you can make it? Early financing is safe and we’re ready to speed up here!” He added to another post.
According to K -33, a total of 45 million Swedish Karuna (6 4.6 million) on June 30, 2028 are interest -free and mature.
If investors change their warrants before March 2026, they deserve an additional free warrant at the same conversion rate. If used fully, K33 can collect 75 million Swedish Karuna (7.7.7 million) for buying its bit coin.
Bitcoin Treasury Part of Extension Plans
In the first quarter of K33, which was released on May 28, Jensen said Bitcoin is working with Bitcoin Treasury companies in 33 Nordex and hopes that its treasures will be used as a foundation to offer new services, such as BTC -borrowed loans.
“For K33, BitCoin is not only a high democratic asset-it is also a strategic, with a major reserve of BTC, we will be eligible to strengthen our financial status, while new revenue series, product capabilities and partnerships will be opened,” he said.
Related: Strategy Bags 4,020 BitCoin as price as K110K breaks as priced
According to Google Finance, the K33 shares are traded in the flat with the news of its Bitcoin Treasury Axis and closed at 1.96 % on May 28.
Some companies have seen a rise in their stock prices after announcing a plan to buy bitcoin.
Shares of the video game retailer game stop jumped about 12 % on March 26 after the company announced plans to buy bitcoin. However, the game stop reduced 11 % on May 11 after making the first purchase of 4,710 bitcoin.
Meanwhile, when the Crypto Company Blockchain Group based in Paris began buying bitcoin on November 5, its stock increased by 225 % to 0.48 euros ($ 0.52).
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