Fragbite Group, a Swedish gaming company, has established a Bitcoin treasury with a purchase of 4.3 BTC, averaging 112,958 USD per coin. This marks an important step as corporate adoption of cryptocurrency expands in Europe.
The company raised 6 million SEK to further increase their Bitcoin holdings, showing a proactive approach amid inflation concerns, mirroring a trend seen with over 274 firms holding 3.57 million BTC.
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