K33 to Stockpile Bitcoin…Approximately 8.5 Billion KRW

Source
Son Min

Summary

  • K33 reported raising approximately 8.5 billion KRW for strategic Bitcoin reserves.
  • The entire amount raised will be used to purchase Bitcoin.
  • K33's CEO believes Bitcoin will become central to the global financial system.

Swedish cryptocurrency broker K33 has raised 60 million kronor (approximately 8.5 billion KRW) for strategic Bitcoin (BTC) reserves.

On the 28th (local time), K33 announced on its official website, "We have raised 60 million kronor for our Bitcoin financial strategy," stating that "the entire amount will be used to purchase Bitcoin."

Torbjørn Bull Jensen, CEO of K33, said, "The Bitcoin stockpile is a significant milestone," adding, "We believe Bitcoin will become central to the global financial system."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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