According to CoinDesk, Swedish digital asset brokerage research firm K33 announced that its newly launched Bitcoin funding strategy has completed its first transaction, acquiring 10 bitcoins for approximately 10 million Swedish kronor ($1 million). This is the first step of K33's previous commitment to invest 60 million Swedish kronor (6 million US dollars) in Bitcoin.
K33 CEO Torbj ø rn Bull Jenssen said, "We expect Bitcoin to be the best performing asset in the coming years and will continue to increase holdings. This will directly benefit K33 from the rise in Bitcoin prices and create synergies with our brokerage business. Our goal is to hold at least 1000 bitcoins in the future and continue to expand our scale on this basis