
PANews|Jun 20, 2025 06:58
K33 has completed a targeted issuance financing of 125 million Swedish kronor, which will be used to purchase Bitcoin as a reserve asset for the company
K33 announced the successful completion of a private placement, raising a total of approximately 125 million Swedish kronor (approximately 11.5 million US dollars), all of which will be used to purchase Bitcoin as company assets.
This is part of its Bitcoin reserve strategy, aimed at enhancing operational leverage, profit margins, and institutional cooperation capabilities. The dilution ratio for this issuance is about 9%. The company plans to quickly accumulate 1000 BTC.
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