K33 Executes First Bitcoin Purchase Under New Treasury Strategy

K33, a Sweden-based integer plus brokerage and probe firm, announced its archetypal transaction nether a recently launched bitcoin treasury strategy with the acquisition of 10 BTC for astir SEK 10 cardinal ($1 million). This marks the archetypal measurement pursuing K33’s committedness of SEK 60 cardinal ($6 million) toward bitcoin investments.

CEO Torbjørn Bull Jenssen commented connected the move, stating, “We expect Bitcoin to beryllium the best-performing plus successful the coming years and volition physique our equilibrium expanse successful Bitcoin moving forward. This volition springiness K33 nonstop vulnerability to the Bitcoin terms and assistance unlock almighty synergies with our brokerage operation. Our ambition is to physique a equilibrium of astatine slightest 1000 BTC implicit clip and past standard from there.”