Schwedens H100 from Group secures $ 2.2 million financing for Bitcoin systems
- H100 AB becomes Sweden’s first company that introduces a Bitcoin trasury, supported by $ 2.2 million in convertible bonds under the direction of Adam Back.
- With the acquisition of 24.57 BTC, H100 signals an increasing interest in the introduction of Bitcoin beyond the tech and financial sector.
A Swedish Health Technology company has taken a big step towards the introduction of Bitcoin as part of his financial strategy by securing a financing of $ 2.2 million in order to expand its crypto stands. The company, the H100 from Group, has applied the capital through a convertible bond under the direction of Adam Back, CEO of Blockstream and a well-known personality in the Bitcoin development community.
H100 gab I have 25. May knownthat the funds were applied by wall loans. The loans are due in June 2028 and are converted into shares per share at a fixed course of 1.3 Swedish crowns (about 11 US cent). The company can order the complete conversion into equity if the share price is 60 trading days for at least 33 % above the conversion price. In this case, around 16.15 million new shares would be issued, which corresponds to a dilution of around 12%.
Adam Back participated in the financing round with $ 1.4 million, while other investor groups such as Morten Klein, Alundo Invest As, Race Venture Scandinavia and Crafoord Capital Partners supported the company. The entire financing is used entirely for the purchase of Bitcoin in accordance with the treasury strategy of H100.
The company announced its intent to start buying Bitcoin on May 22nd when it acquired 4.39 BTC. It is expected that H100 will acquire a further 20.18 BTC at current prices with the additional agents, which increases the total stock to around 24.57 BTC.
21,000,000 SEK has been raised in a convertible round led by the legendary @adam3us
Accelerating our Bitcoin treasury strategy and strengthening our focus on sovereign health — let’s build! pic.twitter.com/SrpbKM2TID
— H100 (@H100Group) May 25, 2025
Share course reacts to Bitcoin announcement
After Declarations From Bloomberg, the company’s share price reacted to the news of the Bitcoin purchase with a course jump of 37 % on May 22nd and a further increase of 5.33 % the following day to 1.29 seconds (14 US cent). The course is still close to the conversion threshold determined in the loan agreement, which could trigger the output of shares in the future.
While the direct reaction of the share price was positive, it remains to be seen whether the market will also support this strategy in the long term. H100 has not confirmed whether it will continue to buy Bitcoin regularly or will be retained as a core component of his treasury in the coming years.
Early Bitcoin adoption
According to BitcoinTreasuries.NET Only 112 public companies keep Bitcoin in their balance sheets worldwide, and only ten of them are in Europe. The announcement of H100 signals a possible shift in regional acceptance, especially in sectors outside the finance and technology sector.
The company that offers products that advertise as alternatives to conventional health products sees a philosophical agreement between its user base and the decentralized principles that are often associated with Bitcoin. In an explanation, CEO Sander Andersen indicated that Bitcoins could find their way into self -confidence issues for customers who prefer proactive health management.
Swedens first health company with Bitcoin Treasury strategy @H100Group
Supporting the sovereign individual and preventive health providers
pic.twitter.com/FSIxQZ81mJ
– Mr.andersen (@sanderersenn) May 22, 2025
The step of H100 is part of a general trend in which Bitcoin company explores the volatility of Fiat currencies and inflation as a security company. Although this strategy mainly focuses on North America, it begins to gain a foothold to a limited extent in Europe.
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