Swedish health company H100 Group AB has secured 21 million Swedish Kronas for the purpose of buying Bitcoin, as per a company press release on May 25, 2025.
“21,000,000 SEK has been raised in a convertible round led by the legendary @adam3us
Accelerating our Bitcoin treasury strategy and strengthening our focus on sovereign health — let’s build!” read the X post.
As per the X post, Blockstream CEO and cryptographer Adam Back led the funding round, which was successfully secured through a series of convertible loan agreements. Adam Back himself contributed 13.5 million Swedish Kronas, with the remaining 7.5 million Swedish Kronas from the following investors: Morten Klein, Alundo Invest AS, Race Venture Scandinavia AB, and Crafoord Capital Partners.
The convertible loans will mature in June 2028 and bear no interest. They can be converted into equity on the requirement of the company if the share price of H100 goes above a certain threshold. Investors can also convert the loans into equity if they want to at a conversion price of 1.3 Swedish Kronas per share.
Source: TradingView
H100 is currently trading at the price of 1.450 Swedish Kronas per share at the time of reporting, according to TradingView. The company is listed on the Nordic Growth Market or NGM, a leading Nordic stock exchange that tracks fast-growing small to medium-sized companies in the region.
H100 is a Swedish health technology company that provides support to providers of healthcare through AI and other digital tools.