Sixty-Six Capital borrows USDC 2 million from K33 Holding in short-term financing deal
Reuters2026/08/26 12:28Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Sixty-Six Capital entered a short-term financing and BTC settlement agreement with K33 Holding, borrowing USDC 2 million.
- Loan carries 6.95% annual interest. Matures Sept. 30, 2026.
- Proceeds earmarked to buy 24.90273595 bitcoin.
- K33 can sell the bitcoin to cover principal and accrued interest if the loan is not repaid at maturity.
- Financing arranged to bridge a transfer period following the sale of the company’s Bitcoin ETF holdings.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sixty Six Capital Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608260827NEWSFILECNPR____20260826_311583_1) on August 26, 2026, and is solely responsible for the information contained therein.
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