On September 2nd, cryptocurrency broker K33 announced that its investors have agreed to convert 41.25 million SEK (approximately 439,800 USD) from convertible bonds into equity. This capital will bolster K33’s Bitcoin reserves.
The funds will facilitate the issuance of 825 million new shares and 1.65 billion warrants, allowing subscriptions at a price of 0.050 SEK per share between September 15, 2025, and June 15, 2026. In Q2, K33’s revenue surged by 108% year-on-year, holding a total of 126 BTC.
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