H100 Group AB announced that it has purchased another 47.33 bitcoins as part of its Bitcoin treasury strategy, bringing its total BTC holdings to 247.54 BTC.
The acquisition price is 48,999,597, with an average price per BTC of 1,035,126. This latest move expands the H100’s position in Bitcoin, as a reserve asset, and strengthens the company’s long-term confidence in Bitcoin.
The purchase was only two weeks after the H100 received 144.8 BTC, which is part of the first four driver gains from the convertible loan agreement. Prior to this new transaction, this inflow had already increased the company’s Bitcoin balance to 169.2 BTC.
The convertible loan structure is part of a broader SEK 750 million SEK funding program led by Blockstream Adam Back CEO, giving the H100 a cash or Bitcoin settlement. This flexibility complements the company’s strategic focus on establishing a Treasury dominated by Bitcoin counting.
Back’s involvement includes a SEK 150 million investment in Tranche 6, with a market premium of 33%. This structure enables the H100 to effectively reach capital without the need for traditional rights issues or immediate fair dilution.
“Unexpectedly, given the strong reception, 1-4 batches quickly became currency currencies.” “I expect (H100) to convert them over time as they are currency identities.”
The H100’s Bitcoin Treasury program began in May when it became Sweden’s first publicly listed health technology company that used Bitcoin as a reserve asset. The initial 4.39 BTC purchase value was 5 million NOK, indicating an important move toward long-term hedging and financial assets.
“This complement to the H100 Bitcoin Treasury strategy is in the increasing number of technology-oriented growth companies holding Bitcoin on their balance sheets,” said CEO of H100 Group Sander Andersen. “And I believe that in the Bitcoin community, the values of individual sovereignty get along well with the customers and communities we are building the H100 platform and will attract it.”