Swedish Healthcare Company H100 Raises $2.2 Million to Purchase Bitcoin

Uk Jin

Summary

Swedish healthcare company H100 is reported to have raised a total of $2.2 million to purchase Bitcoin.
This funding was raised under the leadership of Adam Back, CEO of Blockstream, who personally invested $1.4 million of the total amount.
With this funding, H100 is estimated to hold a total of approximately 24.57 Bitcoins.

Sweden-based healthcare technology company H100, which has started purchasing Bitcoin (BTC), has raised an additional $2.2 million for Bitcoin.

According to cryptocurrency media outlet Cointelegraph on the 25th (local time), H100 successfully raised $2.2 million in a funding round initiated by Adam Back, CEO of Blockstream.

Adam Back spent $1.4 million of the $2.2 million, while the remaining $800,000 was contributed by an investment firm.

With this funding, it is estimated that H100 will be able to purchase approximately 20.18 Bitcoins. Adding the 4.39 Bitcoins purchased on the 22nd, H100's total Bitcoin holdings are projected to be about 24.57 Bitcoins.

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