AiCoin|Sep 08, 2026 04:15
[Swedish Tax Agency Demands $56.5 Million in Taxes and Fines from Six Crypto Mining Companies]
According to Bitcoin.com, the Swedish Tax Agency has demanded approximately $56.5 million in taxes and fines from six cryptocurrency mining companies in the city of Boden, accusing them of illegally exploiting tax incentives. This enforcement action stems from an industry-wide audit covering the years 2024 to 2026, with a total of nine mining companies nationwide being ordered to pay over $50 million in taxes. Among them, Bikupan Datacenter, a subsidiary of Hive Digital, has initiated financial restructuring and filed an appeal. Investigations by SVT Norrbotten reveal that crypto mining companies have collectively caused the Swedish government to lose approximately $100 million in tax revenue.
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