According to an official announcement, Norwegian digital asset company K33 has launched a targeted share issuance with a minimum fundraising amount of 85 million Swedish kronor (approximately 8.88 million US dollars). The funds raised will be used to implement its Bitcoin accumulation strategy and strengthen the company’s balance sheet. K33 CEO Torbjørn Bull Jenssen stated that this fundraising marks an important milestone in achieving our initial goal—acquiring 1,000 Bitcoins before further expansion.