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Sweden's Fragbite Group has purchased 4.3 Bitcoins for the first time, initiating a long-term accumulation strategy.
On July 22, according to monitoring, the Swedish company Fragbite Group completed its first purchase of approximately 4.3 Bitcoins, starting to establish a Bitcoin treasury, with an average price of about $112,958 per Bitcoin.
Fragbite Group stated that the goal is to invest the remaining liquidity for the long term and continue to accumulate Bitcoin to strengthen the company's capital structure.