Summary
- 'H100 Group' announced that it has signed a convertible bond investment contract worth SEK 150 million.
- They stated that the entire investment fund will be used for purchasing Bitcoin.
- Mentioned the possibility of raising up to an additional SEK 750 million through further capital procurement.
Sweden-based health company 'H100 Group', which has adopted a Bitcoin (BTC) reserve strategy, has reportedly signed an investment contract for convertible bonds worth SEK 150 million (approximately $15.87 million).
On the 16th (local time), H100 announced in a press release, "We have entered into a guaranteed convertible bond agreement worth SEK 150 million with Adam Back, CEO of Blockstream," and added, "All of the investment funds will be used to purchase Bitcoin." They continued, "Additional capital procurement plans are also being prepared," explaining, "In such a case, up to an extra SEK 750 million ($75 million) could be raised."
As of 6:05 PM, according to the Binance USDT market, Bitcoin is trading at $107,204, up 2.02% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
![Did it crash because of Trump?…The 'real reason' Bitcoin collapsed [Hankyung Koala]](https://media.bloomingbit.io/PROD/news/d8b4373a-6d9d-4fb9-8249-c3c80bbf2388.webp?w=250)
