Norway’s K33 Launches New Share Offering to Acquire 1,000 Bitcoin (BTC)!
Jakarta, Pintu News – Norwegian digital asset company K33 recently announced the launch of a new share offering to raise capital to buy as much as 1,000 Bitcoins . The offering has received full commitment from investors.
Check out the full news here!
Fundraising for Asset Diversification
K33 has set the subscription price per share at 0.1036 SEK, which corresponds to the closing price on the Nasdaq First North Growth Market on June 17. By raising a minimum of 85 million Swedish krona, or approximately $8.8 million, the company plans to add Bitcoin (BTC) to its balance sheet.
The purpose of the Bitcoin (BTC) acquisition is for portfolio diversification, margin improvement, and scalable growth. K33 CEO, Torbjørn Bull Jenssen, who also invested EUR 100,000, expressed his belief that Bitcoin (BTC) is the future of global finance. This prompted K33 to position itself to gain maximum benefit from this trend.
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Investment Strategy and Investor Commitment
The share offering has received full commitment from existing and new investors. Each investor is required to subscribe for a minimum amount of shares equivalent to EUR 100,000.
However, the company may, at its discretion, offer and allocate amounts below such minimum. The application window for share subscriptions opens on June 18 at 09:00 CEST and closes on June 19 at 17:30 CEST.
Investors who apply for shares will automatically support the 9th agenda item at the Extraordinary General Meeting on July 3, which will authorize the board to issue shares and financial instruments as needed.
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Share Allocation and Future Plans
The allocation of shares will be determined by the board, taking into account factors such as order size, existing holdings, and investor suitability. Notification of allocation is expected around June 23, with settlement and trading of shares commencing in early July.
Throughout this year, K33 has accelerated their Bitcoin (BTC) accumulation strategy. In May, the Norway-based company raised 60 million SEK, worth approximately $5.6 million, from insiders and investors to increase their Bitcoin (BTC) holdings.
Conclusion
With this strategic move, K33 hopes to strengthen its position in the global financial market and capitalize on the growth potential offered by Bitcoin (BTC). This initiative not only demonstrates the management’s strong belief in Bitcoin (BTC) but also attracts interest and trust from investors who see a future in digital assets.
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Reference
- Crypto News. Norwegian K33 Launches New Round of Share Issuance to Purchase 1000 BTC. Accessed on June 19, 2025
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