Health Tech Firm Embraces Bitcoin to Drive Strategic Growth
H100 Group AB, a Swedish health technology company, saw its shares skyrocket by 45% after announcing a successful $10.6 million fundraising round to expand its Bitcoin treasury strategy. The company’s stock closed at 4.64 krona ($0.49) on the Nordic Growth Market, marking a 280% gain since it first revealed its Bitcoin ambitions on May 22.
The $10.6 million raise will be used to accelerate H100’s Bitcoin acquisitions, reflecting the firm’s strong commitment to digital asset integration.
Breakdown of the Capital Raise
The funding consisted of two key components:
- 69.65 million krona ($7.31 million) raised via share issuance
- 31.35 million krona ($3.29 million) in convertible loans with no interest and a five-year maturity
Convertible loans can be turned into equity at 1.75 krona per share, providing early investors a strategic entry point.
The capital injection is expected to allow the firm to purchase approximately 67.1 Bitcoin, which would raise its total BTC holdings to 81.85 BTC, up from its current 13.95 BTC.
Strong Institutional and Community Support
The latest round saw participation from high-profile Bitcoin advocates and institutional investors, including:
- Adam Back, a well-known cypherpunk and Bitcoin pioneer
- UTXO Management, a Bitcoin investment firm
- Nordic firms like Race Ventures Scandinavia and Crafoord Capital Partners
The size and diversity of participants show growing institutional confidence in Bitcoin-based treasury strategies.
Corporate Bitcoin Adoption Continues to Rise
H100 joins a growing list of 126 corporate entities worldwide that hold Bitcoin on their balance sheets. In just the past three weeks, 14 new firms have joined the movement, according to recent treasury data.
This trend reflects the growing view of Bitcoin as a long-term, sovereign reserve asset.
Aligning Health Innovation with Bitcoin Values
According to CEO Sander Andersen, H100’s Bitcoin move aligns with the company’s mission to empower personal health autonomy.
“The values of individual sovereignty in the Bitcoin community resonate with our customers, who seek proactive control over their health,” Andersen said.
Summary
H100 Group’s $10.6 million raise to expand its Bitcoin holdings has driven a 45% stock surge, boosting its total BTC to nearly 82 coins. With strong investor backing and a clear strategic vision, H100 is blending health innovation with digital asset adoption for long-term growth.