The crypto broker K33 has converted its investment of $439,800 from convertible bonds to stock issuance for its Bitcoin reserve strategy.

PANews reported on September 2 that the cryptocurrency broker K33 announced that Aurora3 AS, Middelborg Invest AS, and Modiola AS have confirmed their total investment of 41.25 million Swedish Kronor (approximately 439,800 USD) will be converted from convertible bonds to stock issuance. This funding will support K33's Bitcoin reserve strategy by issuing 825 million new shares and 1.65 billion warrants, with a subscription price of 0.050 Swedish Kronor per share. Warrants allow holders to subscribe for new shares at a price of 0.050 Swedish Krona on the 15th day of the last month of each quarter, from September 15, 2025, to June 15, 2026. According to previous reports, K33's Q2 revenue grew by 108% year-on-year, and currently holds 126 BTC.

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