H100 Group AB has elevated its Bitcoin holdings with the acquisition of an extra 47.33 Bitcoin, strengthening its long-term Bitcoin Treasury Technique.
The newest buy, totaling SEK 48,999,597 at a mean worth of SEK 1,035,126 per Bitcoin, brings the corporate’s complete Bitcoin reserves to 247.54.
H100 Group has added 47.33 BTC to our treasury.
Whole holdings: 247.54 BTC. pic.twitter.com/IKkD7gBZo6
— H100 (@H100Group) July 2, 2025
This follows a latest influx of 144.8 Bitcoin obtained by the primary 4 tranches of a convertible mortgage deal, which had already raised H100’s holdings to 169.2 Bitcoin earlier than the brand new buy.
The convertible construction is a part of a SEK 750 million financing initiative, led by Blockstream CEO Adam Again, which permits H100 to decide on between money or Bitcoin for settlement, an possibility that aligns with its treasury technique centered round Bitcoin accumulation.
Again’s involvement features a SEK 150 million contribution in Tranche 6, priced at a 33% premium.
The construction permits H100 to safe capital with out resorting to rights points or rapid fairness dilution.
“Unexpectedly, given the sturdy reception, Tranches 1-4 grew to become in-the-money quickly,” Again famous, including he had anticipated a extra gradual conversion timeline.
H100’s Bitcoin technique formally started in Could with a 4.39 Bitcoin buy value 5 million NOK, marking it as Sweden’s first publicly traded health-tech agency to undertake Bitcoin as a reserve asset.
Commenting on the broader implications, CEO Sander Andersen acknowledged, “this addition to H100’s Bitcoin Treasury Technique follows an growing variety of tech-oriented progress firms holding Bitcoin on their steadiness sheet.”
He added that the values embraced by the Bitcoin group “will attraction to the purchasers and communities we’re constructing the H100 platform for.”
Share this text