K33 has purchased 10 Bitcoins for the first time under the new financial strategy.

PANews reported on June 3 that, according to CoinDesk, K33, a Swedish digital asset brokerage research company, announced that its newly launched Bitcoin funding strategy had completed its first transaction, acquiring 10 bitcoins at a price of about 10 million Swedish kronor ($1 million). This is the first step in K33’s previous commitment to invest 60 million Swedish kronor ($6 million) in bitcoin investments. K33 CEO Torbjørn Bull Jenssen stated: “We expect Bitcoin to be the best-performing asset in the coming years and will continue to increase our holdings. This will allow K33 to directly benefit 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 scale from there.”