A growing number of European companies joined the Bitcoin Treasury Wave, and this time it is the digital trading company Refine Group, based in Sweden.
Summary
- Refine Group has submitted fresh capital to expand its Bitcoin Treasury.
- The growing trend of the acceptance of companies raises questions about market timming, legal obstacles and implementation risks.
As of July 25 press releaseRefine Group has raised SEK 5 million, around $ 475,000, through a targeted share problem to support the current Bitcoin (BTC) acquisition strategy, which continues its push as one of Europe’s public adopters of the active.
The funds will contribute to building a long-term Bitcoin reserve in the long term under its digital assets division, launched earlier this year in attempts to go beyond its core business lines.
Refine said that the Bitcoin sees value as a long -term store and expects that the switch will stimulate the shareholder value, while a broader growth is supported. CEO David Wallinder called the Raise a Key Milestone and said that BTC will help strengthen the financial basis of the company.
“By strengthening our financial position through strategic accumulation of Bitcoin, we want to create the value of the shareholders in the long term and strengthen the position of refine as a company that is strategically positioned well for the current digital transformation,” he said.
Refine Group added that it went for a rapid, targeted increase to accelerate its Bitcoin strategy, with reference to rising competition between public companies.
Bitcoin on balance sheet
From Europe to North America and Asia, the list of companies that add Bitcoin to their treasury has grown considerably in recent months.
In the EU alone, more than five companies, including the Blockchain Group, the British Smarter Web Company, the Fragbite Group of Sweden and the advanced Bitcoin Technologies AG of Germany, recently unveiled BTC-oriented Treasury strategies.
Worldwide, 35 public companies now have more than 1,000 BTC from Q3 2025, according to Fidelity Digital Assets.
These class investors jointly have more than 900,000 BTC and is one of the most important troops in the latest rally of the active. But as the profession grows, the list of risks also increases.
What could go wrong?
Binding business funds to Bitcoin is innovative, especially because years of strong price performance have made clear the treasury potential of the power. But this movement also opens the door to serious volatility and operational risks.
The cryptomarkt is very volatile, and even with BTC that is now in the range of $ 110,000 $ 120,000, price fluctuations remain a risk. A drawing of 10-20% can wipe millions of business balances at night, immediately devalue their treasury and influence income.
Regulatory uncertainty is another challenge. Although the US is seeing more clarity, Europe is not quite there yet. Mica rules are in force, but how they are maintained still varies in different countries, and that can create extra obstacles for companies that manage a digital asset-oriented treasury.
FOMO-driven accumulation can be counterproductive if companies enter without a clear strategy. For companies with limited experience in digital assets, poor timing or implementation can lead to large losses, which emphasizes the need for a deliberate and well -informed approach.
