Sixty-Six Capital Secures $2M Loan for 25 BTC Acquisition
Sixty-Six Capital has entered into an agreement with K33 Holding AS to borrow USDC 2,000,000 at a 6.95% annual interest rate.
The loan will mature on September 30, 2026, and the proceeds will be used to acquire 24.90273595 BTC.
K33 has the right to sell the acquired BTC if the loan is not repaid at maturity, with the proceeds applied to outstanding principal and interest.