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Blockstream CEO Leads $2.2M Round to Back Sweden’s First Bitcoin Firm

  • Blockstream CEO leads a $2.2 million funding round in Sweden's First Bitcoin Treasury Firm, H100 Group AB.
  • The funding will be used to purchase Bitcoin, making H100 the first public firm in Sweden to adopt a Bitcoin treasury policy.
  • The funding round led by Adam Back includes $1.4 million from his firm and $800,000 from other investment firms.
  • Convertible loans with zero interest will be used to purchase Bitcoin, with plans to convert into shares in 2028 if certain criteria are met.

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