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H100 Group Increases Bitcoin Holdings With New Bitcoin Purchase

  • H100 Group AB has increased its Bitcoin holdings by purchasing an additional 47.33 Bitcoin, bringing their total BTC holdings to 247.54 BTC.
  • The acquisition was valued at SEK 48,999,597 and was executed at an average price of SEK 1,035,126 per BTC, reinforcing H100's confidence in Bitcoin as a long-term reserve asset.
  • This purchase follows a previous acquisition of 144.8 BTC from a convertible loan agreement, showcasing H100's strategic focus on building a Bitcoin-denominated treasury.
  • The broader funding initiative, led by Blockstream's CEO Adam Back, allows H100 to receive settlement in either cash or Bitcoin, with a recent SEK 150 million investment in Tranche 6. H100 aims to incorporate Bitcoin as a hedge and financial asset.

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