K33 raised nearly 20 million USD: fully invested in Bitcoin, with over 100 enterprises worldwide collectively holding more than 830,000 BTC.

Norwegian asset manager K33, which raised 185 million Swedish kronor in three weeks, announced that it would invest all of its bitcoin purchases, with a goal of accumulating 1,000 BTC in the short term. (Synopsis: Ricardo Salinas, Mexico's third richest man: $800,000 on Bitcoin, 70% of his net worth has been converted to BTC) (Background supplement: Founder of Tianqiao Capital: The boom of companies issuing bonds to buy BTC will eventually subside, and excessive speculation may eat Bitcoin) Bitcoin (BTC) ushered in an institutional boom, and Bitcoin asset manager K33 is on X today (20). The company announced that it has completed two rounds of financing in three weeks, raising a total of 185 million Swedish kronor (about $19.5 million), and said that it will use 100% of the funds to buy bitcoin. “This raise strongly validates our strategy and marks another key milestone for K33 as a Bitcoin Treasury company. In just three weeks, we’ve successfully closed two separate funding rounds, securing a total of SEK 185 million to buy Bitcoin. We are on track toward our target of… pic.twitter.com/un1SmEvEaS — K33 (@K33HQ) June 19, 2025 Target hoarding 1,000 BTC K33 is listed on the Nasdaq First North Growth Market, CEO Torbjørn Bull Jenssen said the company's current target is "Accelerated acquisition" of bitcoin, short-term lock of 1,000 coins. Once the funds were in place, K33 was in action: 10 BTC (about SEK 10 million) was bought in early June, and another 25 BTC were added in mid-June, the latest of which cost about $523,000. The company plans to make bitcoin a core reserve and operating lever, hoping to increase brokerage profits, spawn new products and attract more institutional customers. More than 100 companies have held a total of more than 830,000 BTC According to the latest information from Cointelegraph, more than 100 companies have significantly increased their bitcoin this year, holding a total of more than 830,000 BTC, verifying the strength of institutional demand this year. UPDATE: Over 100 companies now collectively hold more than 830,000 $BTC. pic.twitter.com/6tmJIeqmyK — Cointelegraph (@Cointelegraph) June 19, 2025 As the infrastructure matures and the regulatory framework is clear, more conservative investors are expected to enter the market and continue to promote the transformation of Bitcoin from a niche asset to a mainstream allocation. Related reports Ohio House of Representatives passed Bitcoin Rights Act: BTC payments below $200 are exempt from taxation, clarifying self-custody and mining rights Arthur Hayes interview: Bitcoin rushes 250,000 magnesium, altcoins will not rise, I don't open leveraged contracts Interpretation of the Bitcoin cycle "three rises and one consolidation": Is there really hope to see $200,000 in 2025? "K33 raised nearly 20 million US dollars: fully invested in Bitcoin, more than 100 companies around the world have a total of more than 830,000 BTC" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".