Asset Brokerage Firm K33 Expands Crypto Holdings with 50 BTC

Digital asset brokerage and research firm K33 has expanded its crypto holdings with bitcoin (BTC) worth millions of dollars. The latest purchase comes as the digital asset reaches a new all-time high of over $118,000 for the first time in history.

According to an official announcement, K33 purchased 50 BTC for SEK 57.1 million (worth over $5.9 million). The company revealed that it will continue to acquire more bitcoin using proceeds from the share issue.

“This is just the beginning of our Bitcoin accumulation strategy. We are advancing rapidly toward our initial milestone of 1,000 BTC. With two successful funding rounds closed in quick succession, we are already preparing our next strategic moves,” said Torbjørn Bull Jenssen, K33’s CEO.

K33 Holds $10M in BTC

Following the latest purchase, the company now holds a total of 85 BTC, valued at approximately $10 million, in its asset portfolio. The move marks a significant step for the firm as it commences its bitcoin buying journey. 

According to the company, K33’s recent acquisition is a significant advancement in its Bitcoin Treasury plan. Since launching the strategy, the research firm has raised a minimum of SEK 185 million across two funding rounds to invest in the world’s largest digital asset.

Notably, the entity’s BTC Treasury approach demonstrates its confidence in bitcoin’s long-term potential and its goal to leverage the asset to enhance performance in its brokerage operations. 

Big Firms Buying Bitcoin 

Like other prominent companies acquiring BTC, K33 sees the crypto asset as a hedge against inflation. The company has joined the likes of The Blockchain Group, Metaplanet, The Smart Web Company, and healthcare tech firm Semler Scientific to purchase and hold BTC.

Founded in 2018 as Arcane Crypto, K33 began as a research-driven digital asset brokerage offering investment solutions. The company started purchasing BTC as part of its Bitcoin Treasury strategy in June 2025.

Notably,  several entities have bought bitcoins this week. This shows an increasing appetite for the asset. For instance, The Smart Web Company added 275 BTC ($29.7 million) to its BTC stash today. The firm bought the asset for an average price of $106,719 per bitcoin.

Similarly, Sequans Communications, a Paris-based semiconductor company, announced it acquired 370 bitcoin ($41.6 million). The big buy came as the firm newly launched its Bitcoin treasury strategy.

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