Norwegian Public Company K33 AB Purchased 10 BTC For Their New Bitcoin Treasury Strategy
Briefly

K33 AB, a digital asset brokerage firm, has executed its inaugural Bitcoin acquisition as part of its new treasury strategy, purchasing 10 BTC for about SEK 10 million. The firm plans to accumulate a total of 1000 BTC over time, foreseeing Bitcoin as a high-performing asset. CEO Torbjorn Bull Jenssen emphasized that this strategy will not only enhance their balance sheet but also generate new revenue streams and synergies with their brokerage operations. K33 is collaborating with other Nordic treasury firms and exploring innovations like Bitcoin-backed lending.
K33 aims to leverage Bitcoin as a strategic asset, expecting it to outperform others and unlock operational synergies in their brokerage.
Our ambition is to accumulate at least 1000 BTC, strengthening our financial position while exploring new revenue streams through our treasury.
Read at Bitcoin Magazine
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