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Boden stories

Sep 8, 2026

Sweden orders six crypto firms to pay $56M in additional taxes

Sweden's tax authority, Skatteverket, has ordered six cryptocurrency mining companies operating in Boden to pay approximately 540 million Swedish kronor ($56 million) in additional taxes and penalties after determining the firms improperly used invalid tax breaks.

Sep 8, 2026·2 sources

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Top claims

▪Skatteverket stated that the audited crypto companies used special corporate structures to conceal their crypto mining activities to obtain tax benefits they were not entitled to.
▪Sweden removed electricity tax relief for data centers in 2023, raising electricity taxes and increasing operational tensions for energy-intensive Bitcoin miners in the country.
▪Bikupan Datacenter CEO Johanna Törnblad rejected Skatteverket's assessment, arguing that independent external mining pools performed the actual crypto mining while Bikupan only sold computing capacity.

Topics

Crypto regulation Bitcoin mining Crypto taxation Crypto

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