H100 Group raises $54 million for its Bitcoin Treasury Strategy
2025-07-09 09:45:46
Main Idea
Swedish health tech firm H100 Group has raised over $54 million through share and convertible debenture issues to support its Bitcoin Treasury Strategy, following previous funding rounds led by Blockstream CEO Adam Back.
Key Points
1. H100 Group AB raised approximately SEK 516 million (~$54M) via a directed share issue (Tranche 6) and a directed convertible debenture issue (Tranche 7).
2. The directed share issue diluted existing shareholders by about 10.1%, with potential additional dilution of around 14.3%.
3. The funds will be used to support H100 Group’s Bitcoin Treasury Strategy.
4. In June, H100 secured a SEK 150 million (~$15.82M) convertible loan guarantee from Blockstream CEO Adam Back to accelerate BTC accumulation.
5. H100 currently holds 247.5 BTC on its balance sheet, following an initial purchase of 4.39 BTC in May that boosted its shares by nearly 40%.
Description
Swedish health tech firm H100 Group has raised over $54 million via share and convertible debenture issues to accelerate its Bitcoin accumulation strategy. H100 Group AB, a Swedish health technology company focusing on longevity and AI-driven health services, has successfully closed two key funding rounds, raising around SEK 516 million (~$54M). The capital raise was done via a directed share issue (Tranche 6, issuing 27.17 million shares at SEK 6.38) and a directed convertible debenture issue (...
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