Sweden-based H100 Group, a health-technology firm, is moving deeper into the Bitcoin space with an ambitious capital raise of up to 750 million Swedish kronor ($79 million). The funding will support its long-term Bitcoin treasury strategy, positioning the company as a growing institutional holder in the digital asset space.
$15M Secured in First Tranche from Blockstream CEO
In a major vote of confidence, Blockstream CEO Adam Back has committed 150 million kronor (approximately $15 million) in the initial round, also known as Tranche 6. The financing comes in the form of a convertible loan, offering strategic flexibility while aligning the interests of the investor and the company.
“Tranches 1–4 became in-the-money rapidly, which was unexpected,” said Back, referencing the strong investor interest in previous rounds.
The remaining two tranches, each worth 75 million kronor, are subject to market conditions, with potential for expansion. This three-part tranche model allows H100 to scale its Bitcoin exposure responsively, adapting to shifting market dynamics.
Convertible Loan Offers Flexibility Over Traditional Financing
The convertible loan structure enables rapid capital deployment while avoiding the time and cost burden of traditional rights issues.
Tranche 6 is priced at 6.38 kronor per share, which is a 33% premium over market value, signaling strong confidence from early backers. The agreement was reached through arm’s length negotiations, ensuring transparency and fair valuation.
This structure also allows H100 to invite new investors under equal terms, creating broader opportunities for capital participation.
Bitcoin Holdings and Market Performance
As of now, H100 Group holds 24.41 BTC, according to public treasury data. The company’s shares surged 22% on Monday, reflecting investor optimism following the announcement of its expanded Bitcoin strategy.
Strategic Vision for Bitcoin Adoption
H100’s approach underlines the rising trend of companies treating Bitcoin as a long-term treasury asset—a move gaining traction across industries beyond traditional finance.
With this latest move, H100 Group positions itself at the intersection of health technology and digital assets, bringing institutional credibility and agility to Bitcoin investment strategies.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.