H100 Group AB, a Swedish health tech company aggressively expanding its Bitcoin strategy, has raised approximately SEK 14.1 million ($1.3 million USD) through a directed share issue aimed at scaling its BTC holdings even further.
The capital raise, announced on July 18, includes up to 1,523,089 new shares priced at SEK 9.30 each, in line with the stock’s closing price that day. The new issuance results in just 0.5% dilution, factoring in both outstanding and pending stock registrations.
The funds will be used to reinforce the company’s growing Bitcoin Treasury strategy, which has become a defining part of its corporate identity in recent months.
The round drew participation from several qualified investors, including Evan Rosenberg, Loek Schellekens, and Sebastiaan Hendrik Gerrit Jan Ribbink — a signal of rising institutional interest in Bitcoin-aligned public equities.
“This latest capital injection further accelerates our positioning as a leading Bitcoin treasury vehicle in Europe,” an H100 representative stated.
Bitcoin-first treasury strategy gathers momentum
H100 Group AB first caught investor attention in May after disclosing a $490,000 purchase of 4.39 BTC, which led to a 40% surge in its share price. Since then, the company has leaned deeper into its Bitcoin thesis, using investor momentum to increase BTC exposure and attract new capital.
The SEK 14.1M raise follows an even larger $54 million VC round earlier in July, which, according to Crypto Fundraising, was the largest crypto-related raise globally during that week (July 6–12).
Today, H100 holds approximately 370 BTC on its balance sheet, worth $44.06 million at current prices. According to BitcoinTreasuries.net, the company now ranks 49th among public firms with the largest Bitcoin holdings globally.