H100 Group AB has purchased an additional 46.93 Bitcoin for approximately SEK 49.5 million, bringing their total Bitcoin holdings to 294.5 BTC.
The company aims to preserve capital and strengthen its balance sheet through its Bitcoin treasury strategy.
H100 Group raised SEK 516 million through Tranches 6 and 7, with plans to use the capital for its Bitcoin investment strategy.
The company's strategy aligns with tech companies using Bitcoin as a treasury asset to hedge against currency devaluation and enhance long-term capital access.