Sixty-Six Capital sells Bitcoin ETF holdings and adds an option on up to 200 Bitcoin
Sixty Six Capital (CSE: SIX, OTC: HYHDF) has entered a 12‑month call option agreement with K33 Holding AS, giving upside exposure to up to 200 BTC above a strike price of US$100,000 per BTC. The company sold its Purpose Bitcoin ETF…
Stock Titan
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Aug 21, 2026 at 9:30 PM UTC · 7 分钟阅读

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bitcoin
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BTC+7.95%$78,508
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8 分钟前
Sixty-Six Capital Expands Effective Bitcoin Exposure with Option for up to 200 BTC and Move to Direct Holdings
Sixty Six Capital (CSE: SIX, OTC: HYHDF) has entered a 12‑month call option agreement with K33 Holding AS, giving upside exposure to up to 200 BTC above a strike price of US$100,000 per BTC. The company sold its Purpose Bitcoin ETF units, repaid CAD 2,963,974.4 of financing and plans to use remaining proceeds to fund the option premium and acquire BTC directly. According to Sixty Six Capital, this shifts BTC exposure from ETF units to direct on‑chain holdings plus option exposure, without changing its overall strategy. The option, carrying a non‑refundable US$1,932,000 premium, can be exercised once for 100–200 BTC until August 21, 2027 via physical on‑chain settlement.
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Loading translation...Positive
- Option exposure to up to 200 BTC above US$100,000 strike
- CAD 2,963,974.4 of financing fully repaid from ETF sale proceeds
- BTC exposure shifted from ETF units to direct on‑chain holdings
- Non‑dilutive structure; transaction financed via asset sale and cash use
Negative
- Non‑refundable option premium of US$1,932,000 represents upfront cost
- Option only has value above a high strike of US$100,000 per BTC
- Transaction classified as related party deal under MI 61‑101
- No material change report filed 21 days before Agreement, limiting lead time for minority holders
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