8-9-2025 – Swedish digital commerce firm Refine Group AB has acquired an additional 1.89 bitcoins for approximately 2 million SEK ($200,000), increasing its total holdings to 3.73 bitcoins, according to a company announcement. The purchase, is part of Refine Group’s ongoing Bitcoin Treasury Strategy, launched in July 2025 with a 10 million SEK ($1 million) share issuance to fund initial investments.
The Stockholm-based company, listed on Nasdaq First North Growth Market, aims to build a robust Bitcoin reserve to diversify its balance sheet and enhance long-term shareholder value. This follows its initial acquisition of 1.84 bitcoins in August, supported by a strategic partnership with K33, a digital asset brokerage providing execution and custody services.