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Scandinavian Crypto Firm Makes Bold Bet on Bitcoin Reserves

  • Scandinavian crypto firm, K33, receives financing from existing shareholders to acquire Bitcoin and implement a long-term reserve strategy.
  • CEO Torbjørn Bull Jenssen sees Bitcoin as a strategic asset that will strengthen K33 financially and position it as a forward-looking crypto brokerage.
  • The initiative aligns with the trend of companies adopting Bitcoin as a corporate reserve asset, with K33 aiming to lead this trend in Scandinavia.
  • By investing in Bitcoin, K33 joins other firms like MicroStrategy and Metaplanet in integrating BTC as a core operational asset, not just an investment.

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