Swedish Refine Group Launches $1M Bitcoin Treasury Strategy

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Bitcoin Treasury

Swedish Refine Group launches $1M Bitcoin treasury strategy raising 10M krona as European corporate adoption accelerates amid growing Nordic momentum.

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Anas Hassan

Crypto Journalist

Anas Hassan

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Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

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Last updated:

July 16, 2025

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Swedish digital commerce company Refine Group AB has launched a Bitcoin treasury strategy backed by $1 million in fresh capital.

The Stockholm-based company raised 10 million Swedish krona through a directed share issue to fund its initial Bitcoin purchases, establishing a new Digital Assets business area alongside its existing Products and Digital Services divisions.

Refine’s board of directors resolved to issue 54.37 million shares at 0.1839 krona per share, representing a 20% discount to the seven-day volume-weighted average price of 0.2299 krona, according to the company’s official press release.

The company joins other publicly-traded firms that have adopted Bitcoin treasury strategies, including MicroStrategy and Japan’s Metaplanet.

Strategic Positioning and Capital Structure.

Refine Group’s treasury strategy centers on accumulating Bitcoin as a core reserve asset while maintaining focus on its traditional digital commerce…

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