H100 Group AB has expanded its Bitcoin reserves with the acquisition of 46.93 Bitcoin for roughly SEK 49.5 million, paying a mean of SEK 1,054,701 per coin.
This newest addition will increase the agency’s whole holdings to 294.5 Bitcoin, reinforcing its dedication to a capital preservation technique rooted in Bitcoin.
H100 Group has bought a further 46.93 BTC at a mean value of SEK 1,054,701 per BTC.
Complete BTC holdings: 294.5 BTC pic.twitter.com/kYhaTvrTDr
— H100 (@H100Group) July 9, 2025
“This addition to H100’s Bitcoin Treasury Technique follows an rising variety of tech-oriented progress firms holding Bitcoin on their stability sheet,” stated Sander Andersen, CEO of H100 Group.
“And I imagine the values of particular person sovereignty extremely current within the Bitcoin neighborhood aligns nicely with, and can enchantment to, the shoppers and communities we’re constructing the H100 platform for.”
The acquisition comes on the heels of H100 closing two main funding rounds, Tranches 6 and seven, elevating a mixed SEK 516 million.
These rounds have been structured as a directed fairness providing and a convertible be aware concern, respectively, to help the agency’s long-term Bitcoin funding plan first unveiled on June thirtieth, 2025.
“Following the renegotiation, it has been agreed that Tranche 6 shall be executed by the use of the Directed Share Problem and that Tranche 7 shall be executed by the use of the Directed Convertible Problem,” the corporate stated in an announcement.
Below Tranche 6, greater than 27 million shares have been issued at SEK 6.38, producing roughly SEK 173.3 million.
Tranche 7 concerned SEK 342.3 million in convertible bonds priced at SEK 8.48 per share. Notable backers embody Adam Again, TOBAM funds, and different institutional buyers.
H100’s method mirrors a broader pattern amongst tech corporations adopting Bitcoin as a stability sheet asset, each to hedge towards fiat threat and to help liquidity and capital entry over the long run.
Trying forward, the board is getting ready Tranche 8, a possible extra convertible providing at a premium SEK 11.27 conversion price, contingent on investor curiosity and shareholder consent.
“The ultimate measurement of Tranche 8 will likely be decided on the sole discretion of the Firm’s Board of Administrators, primarily based on what’s deemed to be in the perfect pursuits of the Firm and prevailing market situations, nevertheless, at a minimal the collected sum of the rights exercised by the Traders or their assignees,” the corporate famous.
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