Fragbite Group Secures 5 Million SEK Funding Agreement to Support Bitcoin Purchase

Blockbeats
Jul 05

BlockBeats News, July 5th, Swedish listed company Fragbite Group announced that it has reached a SEK 5 million financing agreement with investors being a group of the company's shareholders, including the company's CFO Patrik von Bahr (investing approximately SEK 1 million). Reportedly, this funding is intended to be used to purchase Bitcoin to support its recently established Bitcoin Treasury. Fragbite Group plans to hold a special shareholders' meeting after the release of the next interim report for the second quarter of 2025 to make the necessary resolutions regarding this financing agreement. (MarketScreener)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10