Press releases
Press releases
Notice to Extraordinary General Meeting in Fragbite Group AB (publ)
Fragbite Group AB (publ) (“Fragbite Group” or “The Company”), 556990-2777, hereby invites shareholders to the Extraordinary General Meeting on Monday 27 October 2025 at 15.00 CET at the Company’s offices on Linnégatan 51, 114 58 Stockholm. Registration for the Extraordinary General Meeting will commence at 14:45 CEST. RIGHT TO PARTICIPATE AND NOTICE OF PARTICIPATIONA shareholder […]
Fragbite Group converts loans of approximately 6.8 MSEK through set-off issue
Fragbite Group AB (publ) (”Fragbite Group” or ”the Company”) has offered lenders of the loans to the Company that were announced on 30 October 2024 and 23 January 2025 respectively, to convert the loans into shares. Lenders with loans totalling app. SEK 1.8 million have accepted the offer. The Board of Directors has thus decided […]
Flexible financing agreement signed, up to 200 MSEK for purchasing Bitcoin
Fragbite Group AB (publ) (”Fragbite Group” or “the Company”) has today entered into an agreement with Alumni Capital Limited (”Alumni”) for an Equity Line of Credit (ELOC) financing, consisting of a financing facility with a value of up to SEK 200 million over a four-year term (“the Facility”). The Company's primary intention with the Facility […]
Fragbite Group divests Playdigious for MEUR 10.5 in cash consideration
Fragbite Group AB (publ) (“Fragbite Group” or “the Company”) has today signed an agreement to divest all its shares in subsidiary Playdigious SAS (“the Divestment”) for a consideration of EUR 10.5 million, corresponding to approximately SEK 115 million, on a cash-free, debt-free basis. The net consideration is paid in cash. In addition, Fragbite Group obtains […]
FunRock expands with new brand to drive growth
Fragbite Group AB’s (publ) (”Fragbite Group” or “the Company”) subsidiary FunRock & Prey Studios is expanding and separating its business under two brands. The subsidiary, as well as the proprietary game and game engine development, will be named FunRock moving forward, with the use of the Prey Studios brand discontinued. A new brand will be […]
Award-winning Chants of Sennaar released on mobile
Fragbite Group AB’s (publ) subsidiary Playdigious has released the mobile version of Chants of Sennaar, a title which since its 2023 debut on PC and console has won several awards and received top player ratings. In conjunction with the 26 August release, the game was prominently featured on Apple in several markets globally. Developed by […]
Interim report for the period 1 January – 30 June 2025
Fragbite Group AB (publ) (“Fragbite Group” or “The Company”) hereby issues the interim report for the period 1 January to 30 June 2025. Second quarter 2025 Revenue SEK 43.7 million (49.8) EBITDA SEK 1.4 million (-6.6) Adjusted EBITDA SEK -0.4 million (-1.1) Operational EBIT (1) SEK -1.2 million (-9.4) EBIT SEK -57.3 million (-41.6) Result […]
The Swedish Cup returns in 2025, backed by major sponsor brands
Fragbite Group AB’s (publ) subsidiary Fragbite AB returns this fall with the 2025 edition of the Swedish Cup in Counter-Strike, Sweden's largest national esports tournament. MAX Burgers and Unibet return as tournament sponsors, alongside first-time sponsor Cloetta. During fall 2023, Sweden's largest national esports tournament, The Swedish Cup (sv. Svenska Cupen) returns. The tournament is […]
Holding increased to 9.5 as Fragbite Group moves towards 100 bitcoin target
Fragbite Group AB (publ) (“Fragbite Group” or the “Company”) has completed a purchase of approximately 2.5 bitcoin at an average price of USD 121 113 per bitcoin, moving the Company's holdings to a total of 9.5 and towards the announced financial target of 100 bitcoin by end of 2025. Fragbite Group has completed a purchase […]
Fragbite Group updates financial targets – intends to own 100 bitcoin by end of year
Fragbite Group AB publ (”Fragbite Group” or “the Company”) has adopted a new financial target – owning 100 bitcoin by the end of 2025. Purchases are intended to be financed through advantageous financing solutions and surplus liquidity from core operations. Financial targets relating to growth, cash flow and profitability will be updated in conjunction with […]