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

By: theblockbeats.news|2025/07/05 04:51:03

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)

Bitdeer’s Bitcoin holdings increased by 41.4 last week, bringing the total holdings to 1,527.5

BONKs Meme startup platform Letsbonk.Fun launched 7714 Meme coins yesterday, second only to Pump.fun