Swedish-listed health tech company H100 Group has secured a $15.82 million convertible loan from Adam Back, the CEO of Blockstream, in a move to accelerate its Bitcoin accumulation strategy. The funding marks a significant step in H100’s long-term plan to strengthen its crypto treasury, and reflects the company’s growing confidence in Bitcoin as a strategic asset.
Multi-Phase Bitcoin Investment Plan
The recent loan is part of a broader agreement that will allow H100 Group to acquire Bitcoin in structured phases. The firm intends to use this funding to expand its cryptocurrency holdings, leveraging structured financing to manage the risk and timing of its purchases. This is not H100’s first move in the crypto space. In late May, the company raised an additional $2.2 million through 0% interest convertible loans, with Adam Back contributing $1.4 million and investors like Morten Klein and Crafoord Capital Partners adding another $800,000 collectively.
A Growing Trend in Corporate Bitcoin Adoption
H100’s aggressive Bitcoin strategy is part of a larger trend among European companies increasingly turning to crypto as part of their corporate treasury. Firms like The Smarter Web Company and Abraxas Capital have also made high-stakes Bitcoin investments in recent months. While this wave of institutional interest is gaining momentum, financial analysts continue to express caution, pointing out the risks and potential volatility tied to holding digital assets on corporate balance sheets.
Despite the concerns, companies like H100 remain undeterred, signaling a shift in how modern businesses view digital assets—not just as speculative instruments, but as long-term stores of value.
