menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Bitcoin News

>

K33 Raises...
source image

Bitcoinsensus

1w

read

59

img
dot

Image Credit: Bitcoinsensus

K33 Raises $6.2M to Buy Bitcoin, Launches Treasury Strategy

  • Norwegian crypto brokerage firm K33 has raised $6.2M through loans and share warrants to accumulate Bitcoin for its Bitcoin Treasury Strategy.
  • The firm aims to amass up to 57 BTC with the funds raised, aligning itself with public companies investing in Bitcoin as a long-term strategic asset.
  • K33's funding, acquired through convertible loans and share issuance, will solely be used to purchase Bitcoin, potentially reaching $7.7M if fully exercised.
  • With a focus on bypassing intermediaries, K33 is committed to building its Bitcoin reserves without interest or delays, believing in the long-term value of Bitcoin.

Read Full Article

like

3 Likes

For uninterrupted reading, download the app