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Refine Group AB Initiates Bitcoin Treasury Strategy, Securing Approximately $1 Million in Funding to Purchase Bitcoin

By: theblockbeats.news|2025/07/16 09:02:06

BlockBeats News, July 16th, according to @btcNLNico's monitoring, Swedish listed company Refine Group AB announced the initiation of a Bitcoin treasury strategy, with the first phase to finance 10 million Swedish Krona (approximately 1 million USD) to purchase Bitcoin.

Information shows that Refine Group AB is a listed company based in Stockholm, Sweden, focusing on the digital commerce field, established in 2015. By building and operating a digital commerce ecosystem, the company is committed to helping brands accelerate digital transformation and achieve organic growth.

The ETH whale, with an 18x leverage short position, is currently at a unrealized loss of $3.5 million. The liquidation price is $3,321.81.

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