$3350 (-0,08%) And the next installment. Congratulations to everyone who waited until here - it could have turned earlier. Personally, I already liked the share at the same price in February, when it was fundamentally even "worse". My first purchases were the equivalent of less than €1 last year.

The private international share offering will end soon, after which the interests of many current "shorties" and existing shareholders are likely to be aligned. This is likely to raise over a billion USD, around 10,000 BTC. A potential 50% increase in the treasury.

Current mNAV at 1.3, below the slow giant strategy. Fully diluted mNAV not much higher. BTC holdings 73x (!) as high as current debt. Have fun waiting for BTC to fall that low.

With Japan an incredibly yield-hungry environment that is likely to scramble for more products similar to Strategy.

The prerequisites: People are convinced of BTC itself and see no risk in the management team. Especially compared to Strategy, the latter is actually an advantage for me.

What do you think of the share? Have you already bought it or are you staying away from the dirt? :D

$BTC (+0,84%)
$MSTR (+1,67%)
$ALTBG (-0,03%)
$SWC

The known quantities $MSTR (+1,67%)
$3350 (-0,08%)
$ALTBG (-0,03%) are too boring and too unvolatile for you then $ARCA (+27,27%) could be something for you ;-)

What is K33?

K33 ASA is a Norwegian company specializing in digital assets. It offers a platform for trading, managing and analyzing cryptocurrencies and is aimed at both private and institutional clients in the EMEA region (Europe, Middle East and Africa).

K33 ASA, formerly known as Arcario AB, is a Swedish holding company with subsidiaries in Norway and Luxembourg. The company operates several business areas:

• K33 MarketsA cryptocurrency trading platform that enables users to trade various digital assets. In February 2024, K33 Markets added seven new cryptocurrencies to its offering, including ALGO, GRT, FTM, MANA, SAND, APE and GALA. The platform supports trading pairs with seven major fiat currencies, including NOK, SEK, DKK, EUR, GBP, CHF and USD. The goal is to win back the local market in Norway and gain market share from international exchanges such as Binance, Coinbase and Kraken.
• K33 ResearchA research team that analyzes the crypto industry. According to K33 Research, about 35% of the global crypto industry workforce is located in Asia, mainly in Hong Kong and Singapore. In Europe, most crypto jobs are concentrated in the United Kingdom.
• Green DataAn environmentally friendly Bitcoin mining operation in Northern Norway that achieves a hashrate of almost 70 PH/s. The site benefits from low electricity prices and a cold climate, making it an attractive location for Bitcoin mining.
• Puremarkets LtdAn interbank OTC market for digital currencies in which K33 is involved.
• LN MarketsA Bitcoin exchange based on the Bitcoin Lightning Network, in which K33 also holds a stake.

Sources: Marketscreener

$BTC (+0,84%)

If you are interested in an overview of Bitcoin Treasury companies, I think this page is quite good:

Bitcoin Treasuries - 228 Public Companies, Private Businesses and Other Entities

I myself hold a small position in $ARCA (+27,27%)

This post is of course purely for inspiration and does not constitute investment advice

$MSTR (+1,67%) With almost 1,500 Bitcoin BTC, the Blockchain Group is one of Europe's leading BTC treasury companies. Just yesterday, the French company announced the purchase of weiteren 624 BTC for €60.2 million.

And the share price shows it: The strategy is working. Since the beginning of the year, the share price ($ALTBG (-0,03%) ) has risen by almost 1,000 %. In comparison: BTC has "only" risen by 13 %. (Source: News.bitcoin.com)

and now the question for you: same principle, different results. Why?