Press releases
Press releases
Stable, growing Gaming operations with long-term Bitcoin Treasury strategy
Fragbite Group AB (publ) (”Fragbite Group” or ”the Company”) is launching a new strategic platform focusing on Gaming, Esports and Bitcoin Treasury. Fragbite Group shall be an attractive alternative for investors in the Nordics through a unique combination of stable, growing Gaming and Esports business operations and an ambitious, long-term Bitcoin Treasury strategy. Positive cash […]
Michael Lundgren new CEO – Stefan Tengvall remains a Board Member
Stefan Tengvall has informed the Board of Directors of Fragbite Group AB (publ) (”Fragbite Group” or ”the Company”) that he wishes to step down as CEO, but will remain as a member of the Board with continued long-term commitment to Fragbite Group. The Board has accepted his request and appointed Michael Lundgren as acting CEO. […]
Investment of 15 MSEK in Strategy Inc. for increased exposure and yield from Bitcoin
Fragbite Group AB (publ) (“Fragbite Group” or “the Company”) has acquired shares in Strategy Inc. (NASDAQ: MSTR) (”Strategy”) for SEK 15 million with the intention of broadening its exposure to Bitcoin and generating yield through utilising Strategy’s options trading market. The investment is made within the framework of the previously communicated objective to strengthen the […]
Focus on business operations, 100 BTC target remains with updated timeframe
The Company has decided to update its previously adopted target of holding 100 BTC. The target of holding 100 BTC remains, but with an updated time frame. Taking into account opportunities which the Company is currently evaluating to increase revenue from its business operations, as well as the importance of ensuring that Bitcoin Treasury generates […]
Fragbite Group holds off on acquisition of substantial share in profitable growth company, collaboration continues
Fragbite Group AB (”Fragbite Group” or “the Company”) has concluded the negotiations concerning acquisition of a substantial share of a profitable growth company in the iGaming sector (the “Target Company”) which was initiated upon the signing of a Letter of Intent on 23 October. It is the Board of Director’s assessment that the best form […]
Insiders increase their stake in Fragbite Group
Representatives of Fragbite Group AB (publ) (”Fragbite Group” or “the Company”) have increased their stake in the Company, as documented via insider trading reports over the past week. Members of the Board and Management have increased their holdings by a total of 448,049 shares through the offsetting of loans issued to the Company, as previously […]
Interim report for the period 1 January – 30 September 2025
Fragbite Group AB (publ) (“Fragbite Group” or “The Company”) hereby issues the interim report for the period 1 January to 30 September 2025. Third quarter 2025 Revenue SEK 47.6 million (51.8) EBITDA SEK 1.6 million (2.2) Adjusted EBITDA SEK 1.6 million (2.2) Operational EBIT (1) SEK -1.9 million (-0.6) EBIT SEK -9.5 million (-21.0) Result […]
The Swedish Cup has started – Clas Ohlson joins
Fragbite Group AB:s (publ) subsidiary Fragbite AB is currently hosting its largest recurring event, the Swedish Cup in Counter-Strike (sv. Svenska Cupen), which comes to a close with playoffs and finals in front of a live audience in Stockholm on 12-15 November. Clas Ohlson recently joined this year's edition as a sponsor, with the Swedish […]
Bulletin from the Extraordinary General Meeting in Fragbite Group AB (publ) on 27 October 2025
Fragbite Group AB (publ) ("Fragbite Group" or “the Company") has today, 27 October 2025, held an Extraordinary General Meeting (“EGM”). The EGM resolved to approve the Board of Directors' resolutions on two directed issues of shares pursuant to aktiebolagslagen chapter 16 (the Swedish Companies Act). For more detailed information on the content of the resolutions, […]
Fragbite Group holdings increased with 4 BTC
Fragbite Group AB (publ) (the “Company”) has completed purchases of app. 4 bitcoin at an average price of SEK 1,038,967 per BTC. The Company's holdings are now at a total of app. 28.88 BTC. THE COMPANY’S BITCOIN HOLDINGS NEW PURCHASE Amount purchased app. 4.00 BTC Average purchase price app. 1,038,967 SEK Total purchase consideration app. […]
Press releases
Fragbite Group makes minor strategic investment in an AI Company
The Swedish Cup returns in 2026 with new title sponsor – Welcome POWER
Bulletin from the Annual General Meeting in Fragbite Group AB (publ) on 29 May 2026
Interim report for the period 1 January – 31 March 2026
Config presents Mästarcupen together with AXE and Expressen
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