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K33 Announces $8 Million Share Offering to Fund Significant Bitcoin Acquisition

Published by news.bitcoin.com on 9 hours ago

K33 Announces $8 Million Share Offering to Fund Significant Bitcoin Acquisition

K33 AB has revealed plans for a targeted share issuance to secure a minimum of $8 million (SEK 85 million). The funds will be allocated towards the strategic acquisition of up to 1,000 BTC, with the goal of enhancing the company's balance sheet and expanding its institutional brokerage services.

The Swedish digital asset broker is poised to leverage this capital raise to strengthen its position in the cryptocurrency market, reflecting its commitment to growth and innovation in financial services.

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