Press releases
Press releases
Fragbite Group partners with Swedish crypto pioneer Safello
Fragbite Group AB (publ) (“Fragbite Group” or “the Company”) has today signed a collaboration agreement with leading crypto exchange Safello Group AB (publ) (”Safello”), one of the Swedish market’s most reputable crypto pioneers. The Company will conduct all its trading in BTC up to the target of 100 BTC on Safello’s platform, with Safello as […]
Fragbite Group announces changes in the management team
Fragbite Group AB (publ) (”Fragbite Group” or “the Company”) has today made changes to group management. Abrial Da Costa is leaving the group management team along with acting CFO Inger Hasselberg who has chosen to revert back to the role as Head of Financial Control. As a consequence of the divestment of subsidiary Playdigious, Abrial […]
Investment in profitable growth company for yield and access to target market
Fragbite Group AB (”Fragbite Group” or “the Company”) has made a small strategic investment of EUR 250,000 for a 4.11 percent share in a profitable growth company in the iGaming sector. The investment is expected to generate quarterly dividends starting mid-2026 and provide subsidiary FunRock with broader access to iGaming as a target market for […]
Fragbite Group holdings increased with 10.25 BTC
Fragbite Group AB (publ) (the “Company”) has completed a purchase of approximately 10.25 bitcoin at an average price of SEK 1 156 648 per BTC. The Company's holdings are now at a total of 19.75 BTC. THE COMPANY’S BITCOIN HOLDINGS NEW PURCHASE Amount purchased ca 10.25 BTC Average purchase price ca 1,156,648 SEK Total purchase […]
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 […]