Sixty-Six Capital Expands BTC Exposure with Up to 200 Option
Sixty-Six Capital Inc., a Bitcoin (BTC) treasury and crypto asset investment company, has expanded its effective BTC exposure with an option for up to 200 BTC. The company entered into a 12-month call option agreement with K33 Holding AS on August 21, 2026, giving it gross upside exposure above a strike price of US$100,000 per BTC.
As part of this deal, Sixty-Six Capital has sold its Purpose Bitcoin ETF holdings and repaid CAD $2,963,974.4 in financing. The remaining net proceeds will be used to pay for the option and acquire BTC directly. This move transitions the company's existing BTC exposure from ETF units to direct, on-chain holdings and option exposure.
According to Torbjørn Bull Jenssen, CEO of Sixty-Six Capital, 'This transaction materially increases Sixty Six's BTC upside and prepares us to move our existing exposure on-chain.' The company currently intends to exercise the option for the full 200 BTC if it is in the money, subject to available funding and the terms of the agreement.