'Bitcoin Reserve' H100 Secures Additional $2.1 Million from Adam Back

Source
Uk Jin

Summary

  • Sweden's healthcare group H100 reportedly signed an investment agreement worth $2.1 million with Adam Back to strengthen its Bitcoin reserves.
  • Adam Back has been granted the right to make an additional $12.8 million investment in H100 in the future.
  • H100 plans to use the secured funds to accumulate Bitcoin and build digital healthcare infrastructure.

Sweden's healthcare group H100, which has formalized its Bitcoin (BTC) reserves, has successfully secured additional funding. H100 plans to actively increase its Bitcoin reserves using the proceeds.

According to Cointelegraph on the 4th (Korean time), H100 signed an investment agreement worth $2.1 million with Blockstream CEO Adam Back.

Under the agreement, Adam Back also has the authority to invest an additional $12.8 million in H100.

The funds raised will be used to accumulate Bitcoin according to H100's long-term Bitcoin financial strategy, and some will also be used to develop digital healthcare infrastructure.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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