Fragbite Group reaches 5 million Swedish kronor financing agreement to support the purchase of Bitcoin

CoinRank News: Swedish listed company Fragbite Group announced that it has reached a 5 million Swedish kronor financing agreement with a group of shareholders of the company, including the companys financial director Patrik von Bahr (investing about 1 million Swedish kronor). It is reported that the funds raised are intended to purchase Bitcoin to support its newly established Bitcoin Treasury. Fragbite Group plans to hold a special shareholders meeting after the release of the next interim report in the second quarter of 2025 to make the necessary resolutions on this financing agreement. (MarketScreener)