Norway’s K33 Plans $9M Raise to Buy Bitcoin, Targeting 1,000 BTC Treasury Milestone

Norwegian digital asset firm K33 has launched a directed share issue aimed at raising at least SEK 85 million (roughly $9 million), with proceeds earmarked for Bitcoin purchases to be held on its corporate balance sheet. Key Takeaways: K33 is raising at least $9 million to buy Bitcoin and strengthen its balance sheet. The firm aims to reach a 1,000 BTC target as part of its broader treasury strategy. Direct Bitcoin holdings are expected to boost K33’s margins and attract institutional clients source: https://cryptonews.com/news/norways-k33-plans-9m-raise-to-buy-bitcoin-targeting-1000-btc-treasury-milestone/