Norwegian digital asset firm K33 has unveiled a new share issuance to raise at least $9 million, targeting the purchase of up to 1,000 BTC for its corporate treasury. This ambitious strategy, already fully subscribed, underscores K33’s belief in Bitcoin’s future as a cornerstone of global finance, capturing the attention of investors worldwide.
K33 to Stash 1,000 BTC with $9M
K33’s $9 million share offering, priced at $0.011 per share, has secured full commitments, including a $108,000 personal investment from CEO Torbjørn Bull Jenssen. Managed by Pareto Securities, the funds will strengthen K33’s Bitcoin holdings, following its recent purchase of 5 BTC for $522,000, bringing its total to 25 Bitcoins valued at $2.6 million.
This builds on an earlier $6.3 million financing round in May 2025, which kickstarted K33’s treasury strategy with an initial 10 Bitcoin purchase for $1 million. Jenssen projects Bitcoin as the foundation of the financial future, highlighting plans to enhance brokerage operations through these strategic investments.
Firms Clamour for More Bitcoin
K33’s move aligns with a growing global trend of companies embracing Bitcoin as a treasury asset. For example, as at press time, Japanese fashion brand ANAP has reportedly acquired 31.2 Bitcoins, increasing its holdings to 184.7 Bitcoins, valued at approximately $19.3 million at current prices. This purchase reflects ANAP’s confidence in Bitcoin’s long-term value as a hedge against economic uncertainty.
Similarly, DDC Enterprise, a prominent firm, yesterday announced a massive fundraising plan of up to $528 million to accelerate its Bitcoin treasury strategy. Fold Holdings is also aiming to significantly expand its crypto reserves with a $250 million fundraiser to acquire more Bitcoin. These developments signal a broader corporate shift toward integrating Bitcoin into financial strategies, with firms like ANAP, DDC Enterprise, Fold Holdings, and Méliuz reinforcing the asset’s growing legitimacy.
K33’s latest share issuance marks a significant step in its mission to accumulate 1,000 BTC, positioning it as a leader in Norway’s cryptocurrency landscape. As more companies worldwide follow suit, the institutional embrace of Bitcoin continues to reshape corporate finance, promising a dynamic future for digital assets.
