• H100 raises $14.1M to expand Bitcoin Treasury, strengthen digital reserves.

• Swedish health tech firm H100 now holds 370 BTC in Treasury.

• H100’s crypto strategy may inspire other health techs to diversify reserves.

H100 Group AB, a Swedish health technology company, is making bold moves in the crypto world. The company has announced that it has raised about $14.1 million through a directed share issue. The new funds will allow H100 to increase its Bitcoin Treasury and reinforce its digital asset strategy.

Swedish Health Tech Firm H100 Holds 370 BTC, Plans More Buys

First of all, H100 Group already has 370 BTC in its balance sheet. This also means that it is one of the health tech companies in Sweden to possess Bitcoin as a reserve asset. The company will use this new capital to purchase more Bitcoin. This demonstrates that H100 considers Bitcoin as a significant element of its long-term financial strategy.

In addition, the new share issue of the company was successful with a number of reputable investors. These are Evan Rosenberg, Loek Schellekens, and Sebastiaan Hendrik Gerrit Jan Ribbink. Their participation is an indication of increasing confidence with the vision of H100 to combine health tech with digital assets such as Bitcoin.

In June, H100 Group wasin the news about the other big crypto deal. The firm secured an investment deal with Adam Back, who is the CEO of Blockstream. This agreement also covers a convertible loan guarantee to the tune of approximately 150 million SEK which is equivalent to almost 15.8 million US dollars. The aim of this transaction is straightforward, namely to purchase additional Bitcoin and back the long-term crypto treasury strategy of H100.

H100 has become quite successful due to the favorable response of the market. The company is currently riding on this momentum to acquire additional funds and increase its Bitcoin inventory. The next share issue of SEK 14.1 million is the second major milestone of the company. Last week, H100 raised a monster round of venture capital, to the tune of $54 million. It was the biggest crypto venture capital round of the week of July 6-12 worldwide. The company is willing to establish itself in the Bitcoin market.

Health Tech Players May Follow H100’s Bold Bitcoin Treasury Path

H100 Group’s strategy also reflects a bigger trend. The number of companies including Bitcoin in their balance sheets is also increasing, including non-tech or non-finance companies. They view Bitcoin as a means of securing their reserves and generating new value for shareholders in the long run.

The other important thing is that H100 is not exactly doing it on their own. Allying with renowned crypto giants such as Adam Back, the company expects to make intelligent decisions on when and how to purchase Bitcoin. This may minimize risks and ensure that the strategy of having digital assets remains healthy, even in the event of a market shift.

Moreover, this action may encourage other health tech businesses to take a glance at crypto as well. Assuming that the Bitcoin strategy of H100 proves to be successful, other players interested in diversifying their investments and seeking new forms of value storage are likely to take the example of the center.

To conclude, the fact that H100 Group raised funding since its last funding round indicates that the company takes Bitcoin very seriously. The company also aims to establish a large and safe Bitcoin Treasury by potentiating more funds and partnering with other companies. As the world keeps watching, it will be interesting to see if H100’s unique mix of health tech and crypto becomes a model for other companies in Europe and beyond.