Refine Group

Sweden

REFINE

BTC Holdings

3.73

Enterprise Value

Market cap plus debt minus cash

$2M

Market cap plus debt minus cash

About Refine Group

Sep 8, 2025: Bitcoin holdings increased by 1.89 BTC to 3.73 BTC with cost basis of $414.5K
Aug 28, 2025: Bitcoin holdings increased by 208345.00 BTC to 1.84 BTC with cost basis of $204.7K

Refine Group — Bitcoin Holdings Over Time

1y - Present

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Refine Group — Stock vs BTC Dynamics

1y - Present

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Balance Sheet History

Date	BTC Balance	Change (BTC)	Cost Basis	Market Price	Stock Price
Sep 8, 2025	₿3.73	1.89	$414.5K	—	—
Aug 28, 2025	₿1.84	208,345	$204.7K	—	—

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