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K33 completed a $19.5 million financing, all used for the acquisition of Bitcoin to reach the target of 1,000 coins.
On June 20, 2023, the Bitcoin asset management company K33 announced the successful completion of two rounds of financing within three weeks, raising a total of 185 million Swedish Krona (over 19.5 million USD), all of which will be used to purchase Bitcoin.
K33 CEO Torbjørn Bull Jenssen stated that this financing strongly validates the company’s strategy and marks an important milestone in the company’s development. Currently, K33 is steadily advancing towards its goal of rapidly acquiring 1,000 Bitcoins. The company is listed on the Nasdaq First North Growth Market.