H100 Group AB has significantly expanded its Bitcoin holdings, acquiring an additional 46.93 BTC for approximately SEK 49.5 million. This purchase, made at an average price of SEK 1,054,701 per Bitcoin, increases the company’s total Bitcoin reserves to 294.5 BTC. The move underscores H100’s long-term commitment to Bitcoin as part of its treasury strategy, aimed at preserving capital and enhancing financial resilience.
Aligning Strategy with a Digital Future
CEO Sander Andersen emphasized that the decision aligns with a broader trend among tech-driven firms turning to Bitcoin as a treasury asset. According to Andersen, “The values of individual sovereignty that the Bitcoin community stands for reflect the customers and communities H100 is building its platform around.”
This strategic move positions H100 alongside a growing number of innovative companies leveraging decentralized assets not just for speculative gain but as a core financial strategy.
Capital Raised Through Tranches Fuels Expansion
The Bitcoin acquisition follows the successful completion of Tranche 6 and Tranche 7, through which H100 raised a combined SEK 516 million.
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Tranche 6 secured SEK 173.3 million, issuing 27 million shares at SEK 6.38 per share.
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Tranche 7 contributed SEK 342.3 million through convertible debentures priced at a SEK 8.48 conversion rate.
Plans for Tranche 8 are currently in motion. The company intends to issue shares at a premium price of SEK 11.27, pending approval from the board and key investors.
This robust capital influx not only supports H100’s Bitcoin strategy but also provides a strong foundation for future platform development and market expansion.
