Press releases
Press releases
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 […]
Subnautica secures top global rankings on release day
Fragbite Group AB’s (publ) (“Fragbite Group”) subsidiary Playdigious announces that the mobile version of Subnautica had a successful release. On its first day, Subnautica secured top ranking positions across several Apple App Store and Google Play Store categories in key markets globally. On July 8 Playdigious had a successful release of the mobile version of […]
Bitcoin Treasury completes purchase of 2.7 bitcoin
Fragbite Group AB’s (publ) (“Fragbite Group” or the “Company”) business area Bitcoin Treasury has purchased approximately 2.7 bitcoin at an average price of USD 118,511, bringing the Company’s total holding to 7 bitcoin. Fragbite Group has completed a second purchase of approximately 2.7 bitcoin at an average price of USD 118,511 under business area Bitcoin […]
Bitcoin Treasury raises MSEK 6 in additional seed liquidity via convertible loan
Fragbite Group AB (publ) (“Fragbite Group” or the “Company”) has today entered into an agreement regarding an investment of SEK 6 million with the purpose of raising additional seek liquidity for new business area Bitcoin Treasury. The investment consists of an interest-free loan that can be converted into shares in the Company at a conversion […]
Fragbite Group completes first purchase of bitcoin for newly established Bitcoin Treasury
Fragbite Group AB (publ) (“Fragbite Group” or the “Company”) has completed a purchase of approximately 4.3 bitcoin at an average price of approximately USD 112 958 per bitcoin. This first purchase marks the start of operations under the newly established Bitcoin Treasury with the objective of carrying out long-term investment of surplus liquidity and continuously […]
Playdigious Originals releases unique PC title Fretless
Fragbite Group AB's (publ) subsidiary Playdigious is today releasing Fretless – The Wrath of Riffson on PC via global distribution platform Steam. After a successful marketing campaign centered around the Fretless’ music theme, more than 80,000 gamers have wishlisted the title. Fretless is the third and largest PC title to date to be released under […]
Mobile version of popular title Subnautica releasing today
Fragbite Group AB’s (publ) subsidiary Playdigious is releasing the highly anticipated mobile version of Subnautica today on Apple and Google. First released in 2018, award-winning Subnautica has had a strong commercial performance on PC and console with millions of copies sold and top ratings from players. Developed by Unknown Worlds Entertainment and first released on […]
Fragbite Group closes investment of MSEK 5 in conjunction with establishing Bitcoin Treasury business area
Fragbite Group AB (publ) (”Fragbite Group” or ”the Company”) has today entered into an agreement regarding an investment of SEK 5 million raised in conjunction with the establishment of the Bitcoin Treasury business area. The investment consists of an interest-free loan that is intended to be convertible into shares in the Company at a conversion […]
FunRock Prey strengthens growth trajectory as first white-label game is released
Fragbite Group AB’s (publ) (“Fragbite Group” or “the Company”) subsidiary FunRock & Prey Studios (“FunRock Prey”) has increased its profitability, with projected EBITDA for the full year 2025 reaching 4 MSEK, up from 0.6 MSEK in 2024. This growth is primarily driven by the company’s hybrid work-for-hire vertical, which today marks a milestone as the […]