Express

Fragbite Group Secures 5 Million Swedish Krona Financing Agreement, Plans to Support Bitcoin Purchase

Summary: According to reports, Swedish listed company Fragbite Group has announced the completion of a 5 million Swedish Krona financing agreement with investors who are shareholders of the company, including the company's CFO Patrik von Bahr (investing approximately 1 million Swedish Krona). The funds are intended to be used for purchasing Bitcoin to support their newly ...

According to reports, Swedish listed company Fragbite Group has announced the completion of a 5 million Swedish Krona financing agreement with investors who are shareholders of the company, including the company's CFO Patrik von Bahr (investing approximately 1 million Swedish Krona). The funds are intended to be used for purchasing Bitcoin to support their newly established Bitcoin Treasury. Fragbite Group plans to hold a special shareholders' meeting after the release of the next mid-term report in the second quarter of 2025 to make necessary resolutions regarding this financing agreement. (MarketScreener)

Last Update:

Tags:
Link: Fragbite Group Secures 5 Million Swedish Krona Financing Agreement, Plans to Support Bitcoin Purchase   [Copy]
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 12 hours ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 3 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 4 days ago
  • Bitcoin Surges to New Highs, Momentum Points to Further Gains 7 days ago
  • Circle Intensifies Stablecoin Push with Key Exchange Partnerships 8 days ago
  • You need to login to comment.