The digital entertainment listed company Fragbite Group has purchased 4.3 BTC in its initial acquisition

ChainCatcher news, according to monitoring by NLNico, the Swedish digital gaming entertainment publicly listed company Fragbite Group has completed its first purchase of approximately 4.3 bitcoins, beginning 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 continuously accumulate bitcoins to strengthen the company's capital structure.