Norway digital asset company K33 announced the launch of a targeted stock offering with a minimum financing size of 85 million Swedish kronor ($8.88 million), according to an official announcement, online reports. The funds raised will be used to implement its Bitcoin accumulation strategy and strengthen the company's balance sheet. Torbjørn Bull Jenssen, CEO of K33, said that this financing is an important milestone in achieving our initial goal of acquiring 1000 bitcoins before further expansion.