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Sixty-Six Capital Seeks Bitcoin Upside with New Call Option Agreement

Guavy AI Editorial Team
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BTC
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Sixty-Six Capital Inc. (CSE: SIX) has entered into a 12-month call option agreement with K33 Holding AS, allowing for gross upside exposure to up to 200 Bitcoin above a strike price of US$100,000 per BTC.

The company sold its Purpose Bitcoin ETF holdings and repaid CAD 2,963,974.4 of financing using the proceeds from the sale.

As part of this transaction, Sixty-Six Capital will pay a non-refundable premium of US$1,932,000 to exercise the option for between 100 and 200 BTC until August 21, 2027 via physical on-chain settlement.

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