Fragbite Group Secures SEK 5 Million Financing Agreement to Support Bitcoin Purchases
Odaily Planet Daily reported that Swedish listed company Fragbite Group has announced a financing agreement of 5 million SEK, with investors including a group of the company’s shareholders, among them CFO Patrik von Bahr (who invested approximately 1 million SEK). The funds raised are intended for the purchase of Bitcoin to support the company’s newly established Bitcoin Treasury. Fragbite Group plans to convene an extraordinary general meeting after releasing its next interim report for the second quarter of 2025 to make the necessary resolutions regarding this financing agreement. (MarketScreener)
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