Swedish Gaming Company Fragbite Selects Safello as Preferred Partner for Bitcoin Treasury

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A regulated cryptocurrency exchange has been named the Preferred Partner to Fragbite Group AB (publ) for bitcoin trading and related crypto services as Fragbite establishes a corporate Bitcoin Treasury.

Under the agreement announced 17 October 2025, Fragbite — a Nasdaq First North–listed Swedish gaming and esports company — currently holds about 19.75 BTC and aims to build its treasury to 100 BTC by 31 December 2025; roughly 80 BTC of additional purchases are planned to be executed on the partner’s platform during Q4 2025.

The partnership is positioned to bolster the exchange’s role as a regulated counterparty for listed companies and institutions seeking exposure to digital assets, with the exchange highlighting its MiCA licence and corporate service offerings. The CEO of the exchange and Fragbite Group CEO Stefan Tengvall both commented that the collaboration aligns with Fragbite’s strategic direction and reflects the exchange’s standing on the Swedish market.

FAQ

  • What is the partnership about? — The regulated exchange will act as Fragbite Group’s preferred partner for Bitcoin trading and crypto services for its corporate Bitcoin Treasury.
  • How many bitcoins does Fragbite aim to hold? — Fragbite targets 100 BTC by 31 December 2025, currently holding about 19.75 BTC.
  • When will the remaining purchases occur? — Approximately 80 BTC are planned to be bought via the partner exchange during Q4 2025.
  • Why was this exchange chosen? — The exchange is a regulated MiCA‑licensed platform positioned as a trusted counterparty for Swedish corporates.
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GasFeeGazervip
· 6h ago
More and more large companies are entering the market.
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SelfMadeRuggeevip
· 6h ago
Another company has started playing with coins.
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ForkMongervip
· 6h ago
ngmi if you think corporate treasury matters... real disruption happens at protocol level
Reply0
OneBlockAtATimevip
· 6h ago
Why do we need partners? Isn't it better to build it ourselves?
View OriginalReply0
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