The Swedish refined group has just shaken things. On July 16, 2025, the digital trade company based in Stockholm dropped a $ 1 million Treasury Play and launched a “digital asset” division to ride the encryption wave.
They have not simply bought 
Btc ▼ -0.88%But they remodeled the entire hood table. By issuing new shares with a discount, Refine brought 10 million sek, diluted existing holders of 45%and brought Caldas Capital to the driving seat. Welcome to the Bitcoin era by action.
Refine’s Group Bitcoin Bice
The Swedish refined group dived into the world of Bitcoin. The company has announced a new treasure strategy with plans to hold BTC as a basic resource. Aiming to diversify away from Fiat and position themselves in the web3 ecosystem.
The Swedish Refine group launches a $ 1 million Bitcoin treasure strategy that increases 10 million Krona while the European company adoption explodes with a growing Nordic momentum towards Bitcoin reserves.#Swen #Bitcoinhttps://t.co/kncgeo8kash
– Cryptonews.com (@cryptones) July 16, 2025
Find out: Top 20 Crypto to be purchased in 2025
This is provided with the creation of a new business unit “digital assets”, joining their existing “products” and “digital services”. CEO David Wallinder has framed Bitcoin as a strategic reserve thanks to its scarcity and liquidity. This reports a passage of mentality from the management of the treasure of the old school to crypt-natural thinking.
To keep track of performance, Reform introduced the “bitcoin per action” metric. A way to allow investors to look at their BTC exposure to grow or restrict in real time. This move is mirrored the strategy (microstrategy) and new players such as the Sweden H100 group.
Wallinder is bet that this turn of the treasure will attract new partners in the Blockchain space, potentially opening the doors that Fiat services simply cannot unlock. With corporate cryptocurrency strategies that earn steam throughout Europe, the timing of refine seems perfect.
"The long -term medium -sized Bitcoin treasure companies absolutely exceed Bitcoin because they have this ability to grow their bitcoin per action."
The strategy is simple:
Buy shares, let the companies do the hard work of the Bitcoin Treasury operations and wake up years later … pic.twitter.com/u039wg01sn
– Giovanni Incasa (@Giovanniincasa) 4 July 2025
Find out: the two+ presales warmer crypt to buy right now
The future of the company now faces the volatility of Bitcoin prices. If the BTC moons, shareholders win great. Otherwise, Refine can find yourself answering difficult questions. In any case, the company has clarified its position. Building in the digital future, not only looking at the field.
To the wicked shareholders: dilution discounts and a strategic power move
Taking out a pivot of the Bitcoin treasure is not cheap and perfection has financed its move by remodeling its cap structure. The company has issued 54.37 million new shares at 0.1839 sek each, a 20% discount compared to the average weighty price of 7 days.
This increased the total number of shares from 67.5 million to almost 122 million, triggering a dilution of more than 80% for existing owners. This is a realignment of the capital on a large scale and has brought a new player of power. Caldas Capital, led by João Caldas, is now the major shareholder of the company.
(SOURCE)
It is not just a btc purchase, we are talking about a vote of trust in the digital direction of refine. Caldas Capital Interior sends a message that institutional players see long -term rise in the treasure models supported by Bitcoin, in particular in the Nordic technology markets.
The share capital jumped from 6.75 m sek to 12.19 million sek, giving improvement of the fire power to raise the bar. With more expectations, especially from a pool of now wider investors.
For current shareholders, this move is a double -edged sword. On the one hand, D are getting Bitcoin exposure through equity without having to touch cold wallets. On the other hand, their slice of the cake has just reduced almost half.
Bitcoin for metrics at this moment soothes some nerves, but does not cancel the dilution. However, if Bitcoin gather and refine the leverages finance its new alliance well, today’s pain could mean tomorrow’s rise.
Discover: 9+ Best at high risk, high charging encryption to buy in 2025
Join 99 bitcoins news discord here for the latest market updates
Keyway keyway
Refine Group adds $ 1 million in Bitcoin to their wallet.
The largest shareholder of Caldas Capital in the Refine group.
The Post Swedish Refine group follows in the footsteps of the strategy: it starts the strategy of the Bitcoin treasure of $ 1 million appeared for the first time on 99 bitcoins.