Swedish health tech firm H100 Group raises $10M to buy more Bitcoin

Description

Health technology company H100 Group AB has raised over $10 million to accelerate its Bitcoin treasury strategy through a mix of share issues and convertible loans. According to a June 11 announcement from the Swedish firm, the raise consisted of two directed share issues totaling 69.65 million Swedish krona ($7.3 million) and a 31.35 million krona ($3.29 million) convertible loan tranche. Bitcoin plans draw broad participation The financing drew participation from key Bitcoin advocates and inve...