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Bitcoin: K33 Secures $6M for Treasury

Norwegian Broker K33 Establishes $6.2 Million Bitcoin Treasury

  • K33 has raised $6.2 million to develop a Bitcoin treasury.
  • Funds will enhance service offerings and expand crypto asset holdings.
  • K33 plans to use Bitcoin assets for new products and increased trading margins.
  • The company aims to launch Bitcoin-backed lending services.
  • CEO Torbjørn Bull Jenssen highlighted the importance of a crypto-supported balance sheet.

K33’s establishment of a $6.2 million Bitcoin treasury marks a strategic move to enhance service offerings and leverage digital assets for growth, including launching innovative financial products like Bitcoin-backed lending services.

Source (2.6)https://hodl.press/k33-secures-over-6m-for-bitcoin-treasury-creation/?rand=24434
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