Norwegian Firm K33 Initiates Targeted Stock Offering to Bolster Bitcoin Strategy

According to Odaily, Norwegian digital asset company K33 has announced the launch of a targeted stock offering with a minimum funding goal of 85 million Swedish Krona, approximately 8.88 million USD. The funds raised will be directed towards implementing its Bitcoin accumulation strategy and strengthening the company's balance sheet. K33 CEO Torbjørn Bull Jenssen stated that this financing is a crucial milestone in achieving their initial goal of acquiring 1,000 Bitcoins before further expansion. He emphasized the belief that Bitcoin represents the future of global finance and that a robust balance sheet based on Bitcoin will significantly enhance their brokerage business while maintaining substantial exposure to Bitcoin's potential growth.