K33 Purchases 50 Additional Bitcoins… "Aiming to Accumulate 1,000 BTC"

Source
Minseung Kang

Summary

  • K33 recently announced that it has acquired an additional 50 Bitcoins, bringing its total holdings to 85.
  • K33 stated that this purchase is a key milestone in the execution of its BTC Treasury Strategy.
  • K33 reported it is rapidly advancing toward its goal of accumulating 1,000 BTC.

Swedish digital asset brokerage and research firm K33 recently announced the purchase of 50 additional Bitcoins (BTC) as part of its ongoing strategic Bitcoin acquisition.

On the 11th (local time), K33 revealed in an official press release that it had acquired 50 more Bitcoins. Following this purchase, K33's total Bitcoin holdings have reached 85.

K33 described this latest purchase as a "key milestone in the execution of our BTC Treasury Strategy," explaining that "this strategy is part of our broader plan to secure 'operating alpha' in the brokerage business, underpinned by our long-term conviction in Bitcoin's value."

Torbjørn Bull Jenssen, K33 CEO, stated, "Our Bitcoin accumulation strategy is only just beginning," and added, "We are moving quickly toward our goal of reaching 1,000 BTC."

K33 is listed on the First North Growth Market and provides digital asset investment services throughout the EMEA region (Europe, the Middle East, and Africa).

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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