Refine Group AB has launched a Bitcoin treasury strategy with an investment of 1,000,000 USD, raising 10 million Swedish krona. This move aims to position Bitcoin as a key reserve asset alongside traditional operations.
The issuance of 54.37 million shares at a 20% discount attracted significant interest, indicating strong support from investors, including major backer Caldas Capital. This initiative mirrors a broader trend of corporate Bitcoin adoption in Europe, especially in the Nordic markets.
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