Refine Group bitcoin holdings
Outsourced the hard part: K33 executes the trades and holds the coins in segregated custody, so a small e-commerce group does not have to.
Key figures
- Bitcoin held
- 7 BTC
- As of
- 2026-08-13
- Rank
- 149 of 165
- Value at current price
- $453.5K
- Share of 21 million
- <0.01%
- Average cost
- $115,585 per BTC
Holdings over time
Cumulative bitcoin held after each disclosed event. The line steps rather than slopes because treasury positions change on purchase dates, not continuously.
We have one dated figure for Refine Group so far, shown in the table below, and the table says where it came from. A chart needs at least two dated points, and we would rather show nothing than draw a trend through a single figure. This fills in as the company publishes, or as we backfill its earlier announcements.
Every disclosure we have
| Date | Event | Change | Total held | Note | Source |
|---|---|---|---|---|---|
| 2026-08-13 | Tracked | 7 | Tracker sync |
About Refine Group
Refine Group is a Nordic digital commerce group on Nasdaq First North Growth Market Stockholm, and it holds about seven coins. The size is not what makes the entry worth reading; the structure is.
Its first purchase was made under a partnership with K33, the Nordic brokerage, which provides institutional grade execution and segregated custody for the holdings. A company of this size has no realistic way to run key management, insurance and counterparty diligence itself, and rather than pretend otherwise it bought the capability.
The stated ambition is to build the position gradually within a regulated and transparent framework. At seven coins that is a starting point rather than a treasury, and the honest way to read this page is as a company that has set up the plumbing before the money arrives.
Compared with its neighbours
Sources
Holdings figures and their dates come from the disclosures linked in the history table above. Read the full methodology.