Swedish health tech company H100 Group AB has raised around $10.6 million (SEK 101 million) to strengthen its bitcoin securing strategy.
After the announcement of the fundraising, H100 has been investing in the Nordic Growth Market (Nordic Growth Market).
The stock closed at 4.64 kronor (about $0.49) per share on the IPO Market, a total increase of 280% since the company first announced its Bitcoin strategy on May 22.
H100 is fully promoting its Bitcoin acquisition strategy, indicating that the trend of including Bitcoin in financial strategies is accelerating among listed companies around the world.
According to BitcoinTreasury.net, there are currently 126 publicly listed companies worldwide that hold Bitcoin, with 14 new companies joining in the past three weeks.
The $10.6 million in funding will be raised through two means: a stock offering of approximately SEK 69.65 million ($7.31 million) and a convertible bond offering of approximately SEK 31.35 million ($3.29 million).
The company said, "The funds will be used to accelerate Bitcoin's financial strategy."
As a result, H100 will purchase an additional 67.1 BTC in addition to the 13.95 BTC it currently holds, increasing its total investment
The amount of Bitcoin that can be invested is expected to reach approximately 81.85 BTC. Meanwhile, the investment includes the participation of Adam Back, CEO of Cyberpunk and Blockstream.
Back, Bitcoin investment firm UTXO Management, Race Ventures Scandinavia, and Crafoord Capital
Nordic-based investment firms such as Partners participated.
2025/06/12 17:48 KST
Copyright(C) BlockchainToday wowkorea.jp 117