K33 secures 60 million SEK funding to launch Bitcoin reserve strategy
According to official news, the Swedish cryptocurrency broker K33 AB (publ) announced on May 28 that it has reached an investment agreement with major shareholders including Klein Group, Middelborg Invest, Tigergutt Invest, and Modiola AS, successfully raising 60 million Swedish kronor (approximately 6.23 million USD) to launch its Bitcoin reserve strategy. This financing includes the issuance of 15 million Swedish kronor in new shares and warrants, as well as a 45 million Swedish kronor interest-free convertible loan. Through the warrants, K33 also has the opportunity to obtain an additional 75 million Swedish kronor in funding. The company stated that all the raised funds will be used to purchase Bitcoin to establish its Bitcoin reserve strategy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 10.3681 million SYRUP transferred from Syrup.fi, routed through intermediaries and flowed into Wintermute
Sahara AI: No unlocks or security incidents have occurred, investigation into abnormal market fluctuations is ongoing
CertiK: Approximately $127 million in confirmed losses from attacks, hacks, and scams in November
Data: Jeffrey Huang continues to increase his long positions in HYPE, with holdings surpassing 100,000 tokens
Trending news
MoreCrypto prices
More
