Public companies K33, Bakkt, and Zooz make headlines with BTC treasury moves
The post Public companies K33, Bakkt, and Zooz make headlines with BTC treasury moves appeared on BitcoinEthereumNews.com. Public companies, including the Norwegian company K33, the Israel-listed Zooz, and the U.S.-based Bakkt, have independently invested in Bitcoin treasury strategies. The companies signal a long-term value proposition for Bitcoin and other digital assets. K33 recently bought 5 Bitcoin coins for 5.8 million Swedish kronor. Zooz revealed a $180 million private placement (PIPE) offering to start a Bitcoin treasury reserve strategy. Bakkt, meanwhile, has set the price for its $75 million public offering. K33 eyes 1,000 BTC goal despite stock slide today K33 AB, a publicly traded Norwegian company offering digital asset brokerage and research, acquired 5 BTC, increasing the company’s current holdings to 126 BTC. It now ranks 75th among publicly traded Bitcoin treasuries. Torbjorn Bull Jenssen, K33 CEO, revealed that the company is advancing rapidly towards its initial goal of 1,000 BTC. He added that they have had two successful funding rounds, which closed quickly, signifying their preparedness for the next strategic moves. JUST IN: Norwegian Public Company K33 buys 5 additional #Bitcoin and now holds a total of 126 BTC
The post Public companies K33, Bakkt, and Zooz make headlines with BTC treasury moves appeared on BitcoinEthereumNews.com.
Public companies, including the Norwegian company K33, the Israel-listed Zooz, and the U.S.-based Bakkt, have independently invested in Bitcoin treasury strategies. The companies signal a long-term value proposition for Bitcoin and other digital assets. K33 recently bought 5 Bitcoin coins for 5.8 million Swedish kronor. Zooz revealed a $180 million private placement (PIPE) offering to start a Bitcoin treasury reserve strategy. Bakkt, meanwhile, has set the price for its $75 million public offering. K33 eyes 1,000 BTC goal despite stock slide today K33 AB, a publicly traded Norwegian company offering digital asset brokerage and research, acquired 5 BTC, increasing the company’s current holdings to 126 BTC. It now ranks 75th among publicly traded Bitcoin treasuries. Torbjorn Bull Jenssen, K33 CEO, revealed that the company is advancing rapidly towards its initial goal of 1,000 BTC. He added that they have had two successful funding rounds, which closed quickly, signifying their preparedness for the next strategic moves. JUST IN: Norwegian Public Company K33 buys 5 additional #Bitcoin and now holds a total of 126 BTC
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