Cryptocurrency broker K33 has announced the conversion of SEK 41.25 million (approximately $439,800 USD) from convertible bonds into equity issuance. This move, confirmed by Aurora3 AS, Middelborg Invest AS, and Modiola AS, aims to bolster K33's Bitcoin reserve strategy. The conversion involves the issuance of 825 million new shares and 1.65 billion warrants, priced at SEK 0.050 per share. The warrants allow subscription for new shares at the same price on the 15th day of the last month of each quarter from September 2025 to June 2026. K33's Q2 revenue saw a 108% year-on-year increase, and the company currently holds 126 BTC.