Norwegian digital asset manager K33 AB has successfully raised SEK 185 million (approximately $17.4 million) through a directed share issuance to expand its Bitcoin holdings. Initially aiming to raise SEK 85 million to purchase up to 1,000 Bitcoins, the offering received full subscription, including a personal investment of €100,000 from the company's CEO. Following the initial raise, K33 increased its fundraising target, securing SEK 185 million to further boost its Bitcoin treasury. As part of its Bitcoin treasury strategy, K33 also acquired 5 Bitcoins for SEK 5 million. This move reflects K33's continued commitment to accumulating Bitcoin amid rising geopolitical and macroeconomic uncertainties.