Bitcoin Treasury List Grows With Entry of Crypto Brokerage K33

In brief

  • The Oslo, Norway-based firm offers crypto brokerage and research services.
  • It has entered an agreement with shareholders to buy $6.2 million in Bitcoin.
  • Bitcoin treasuries are becoming more common.

Norway-based crypto brokerage and research services firm K33 joined the rapidly growing list of companies to adopt Bitcoin treasury strategies.  

In a Wednesday announcement, K33 said it had entered into a financing agreement to buy over 60 million Swedish krona ($6.2 million) in the leading cryptocurrency. The firm said that along with its shareholders, it would issue new shares as well as debt to buy the asset. 

“We strongly believe that Bitcoin will become an instrumental part of the global financial system,” K33 CEO Torbjørn…

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