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Johann Wilfred
- H100 Group has stated on Wednesday that it is now the largest publicly traded Bitcoin treasury firm in the region
- H100 has been raising money for its Bitcoin strategy and buying Bitcoin at regular intervals
- At the time of reporting, H100 shares on the Nordic Growth Market were priced at SEK 6.80.
Health tech firm H100 Group has stated on Wednesday that it is now the largest publicly traded Bitcoin treasury firm in the region, as per an X post.
“H100 Group ($H100, $GS9) becomes the largest publicly listed Bitcoin treasury company in the Nordic region. We have purchased an additional 60.6 BTC at an average price of SEK 1,114,588 per BTC,” read the X post.
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H100 has been raising money for its Bitcoin strategy and buying Bitcoin at regular intervals. The company’s latest purchase of Bitcoin occurred on the same day it made the announcement of being the largest BTC treasury firm in the Nordic region. The company purchased a total of 60.6 BTC.
H100 Group raised SEK 21.2 million
On Tuesday, the company raised a total of SEK 21.2 million through a direct share issue at a price of SEK 7.66/share.
“Since launching our Bitcoin Treasury Strategy, we’ve now raised a total of SEK 1.116 billion (~$115.5 million) in gross proceeds,” stated the company.
Source: Trading View
At the time of reporting, H100 shares on the Nordic Growth Market were priced at SEK 6.80. The company is also listed on the Frankfurt Stock Exchange.
