Norwegian Firm K33 Secures $5.6M to Strengthen Bitcoin Treasury Amid Bullish Market Sentiment

Oslo-based digital asset company K33 has successfully raised 60 million Swedish krona ($5.6 million) from insiders and aligned investors to acquire Bitcoin, underscoring its commitment to the cryptocurrency as a core financial asset. The funding was achieved through the issuance of 150.56 million new shares and 301.12 million free warrants, which could potentially bring in an additional 75 million SEK ($7.1 million) if fully exercised by March 2026. This move highlights the growing confidence in Bitcoin’s long-term value proposition, especially as the BTC price currently stands at 107,222.85 USDT. The investment aligns with the broader bullish outlook on digital assets, as institutional players continue to allocate capital to Bitcoin, reinforcing its position as a cornerstone of modern finance.

Norwegian Firm K33 Raises $5.6M to Bolster Bitcoin Treasury

Oslo-based digital asset company K33 has secured 60 million Swedish krona ($5.6 million) from insiders and aligned investors to acquire Bitcoin, reinforcing its commitment to the cryptocurrency as a Core financial asset. The capital was raised through the issuance of 150.56 million new shares and 301.12 million free warrants, which could potentially yield an additional 75 million SEK ($7.1 million) if fully exercised by March 2026.

CEO Torbjørn Bull Jenssen emphasized Bitcoin’s growing role in the global financial system, framing the MOVE as a strategic balance sheet strengthening. The Nasdaq First North-listed firm joins a wave of institutional players allocating treasury reserves to Bitcoin, signaling confidence in its long-term value proposition.

GameStop Stock Dives After $512 Million Bitcoin Purchase

GameStop’s bold foray into cryptocurrency has backfired in early market reaction. The video game retailer’s shares plunged over 10% to $31.45 after disclosing a $512 million Bitcoin treasury purchase—4,710 BTC acquired through its recently raised $1.5 billion warchest. This contrasts sharply with other corporations that saw equity bumps from similar crypto allocations.

The downturn comes despite GameStop’s broader 14% monthly gain and CEO Ryan Cohen’s very public courtship of bitcoin advocates. His February meeting with MicroStrategy’s Michael Saylor—whose firm holds $62 billion in BTC—telegraphed the move months in advance. Market participants appear divided on whether this represents growing pains or fundamental misalignment for the meme stock pioneer.

Bunq Integrates Crypto Trading in European Banking App via Kraken

Dutch neobank Bunq has capitalized on Bitcoin’s recent price surge by embedding cryptocurrency trading directly into its mobile banking interface. The feature, now live in six European markets, allows users to buy and sell over 350 digital assets through Kraken’s liquidity while maintaining euro deposit protection up to €100,000.

The integration marks a significant step in mainstream crypto adoption, combining traditional banking services with digital asset exposure under a single login. Users undergo sub-minute identity verification before gaining access to a simplified trading interface that temporarily locks sale proceeds for 24 hours as a security measure.

Bunq’s crypto offering currently serves France, Ireland, the Netherlands, Spain, Italy, and Belgium, with Germany scheduled for later rollout. The bank’s subscription-based fee structure applies to transactions, positioning the service as a bridge between conventional finance and the growing digital asset ecosystem.

El Salvador Expands Bitcoin Holdings Despite IMF Pressure

El Salvador has doubled down on its Bitcoin strategy, acquiring more of the cryptocurrency even as the International Monetary Fund maintains its opposition. The purchase came shortly after the IMF and Salvadoran officials reached a staff-level agreement on the first review of a $1.4 billion loan facility.

The country’s Bitcoin Office confirmed the acquisition, bringing national reserves to approximately 6,200 BTC—worth over $674 million at current prices. This move demonstrates President Nayib Bukele’s administration remains committed to its crypto experiment despite ongoing scrutiny from global financial institutions.

While the IMF’s loan terms originally prohibited voluntary Bitcoin accumulation by the public sector, El Salvador appears to have navigated this restriction through legal technicalities. The Bitcoin Office operates outside the official fiscal sector, creating a pathway for continued crypto purchases.

Bitcoin Layer-2 Network Mezo Launches Mainnet to Foster BTC Circular Economy

Thesis, a blockchain venture studio backed by Pantera Capital and Hack VC, has launched the mainnet of its Bitcoin layer-2 network, Mezo. Designed as a bitcoin finance platform, Mezo aims to unlock practical utility for BTC, enabling users to act as their own banks. The project, which raised $21 million in a Pantera-led funding round last year, allows users to collateralize BTC to mint and spend Mezo’s native stablecoin, MUSD, creating a circular economy powered by bitcoin.

Bitcoin’s adoption as a medium of exchange has been hindered by holders’ reluctance to spend it, often due to fears of losing value. "Holders haven’t had many options to actually use their bitcoin without giving it up," said Matt Luongo, CEO of Thesis. "With Mezo, I can park my BTC, access a credit line, and live my life. This is what being your own bank was always meant to look like."

Mezo has partnered with crypto platforms like Bitrefill and Fold to offer real-world use cases, including gift cards and cashback debit cards tied to MUSD. The launch marks a significant step in bridging bitcoin’s store-of-value function with its potential as a transactional currency.