According to Odaily, Swedish-listed company Fragbite Group has announced a financing agreement worth 5 million Swedish kronor. The investors include several shareholders of the company, among them the Chief Financial Officer, Patrik von Bahr, who contributed approximately 1 million Swedish kronor. The funds are intended for the purchase of Bitcoin to support the company's newly established Bitcoin Treasury. Fragbite Group plans to hold a special shareholders' meeting following the release of its next interim report for the second quarter of 2025 to make necessary decisions regarding this financing agreement.

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