Swedish Health Tech Firm H100 Group AB increased by 45 % on Wednesday after announcing that it collected 101 million Swedish Karuna ($ 10.6 million) to accelerate the firm’s Bitcoin Treasury strategy.
Market Watch data shows that after announcing its Bitcoin (BTC) strategy on May 22, the Nordic Growth Market Stock Exchange closed at H100 4.64 Karuna ($ 0.49), which increased its share price to 280 %.
An increase of $ 10.6 million is almost five times higher than its previous 2.2 million increase, led by Bitcoin Cypripin Adam on May 25.
More companies are becoming Bitcoin companies for a week
The latest increase of H100 to buy more bitcoin reflects the growing trend in public traded firms around the world, adding Bitcoin to its balance sheets.
Bit Quantrez.net data shows that a total of 126 corporate companies have done so, including 14 new firms in three weeks.
10m increase to promote Wikipedia strategy
The increase was distributed between two shares issues, worth 69.65 million Karuna ($ 7.31 million) and Conortable Loan, with 31.35 million Karuna ($ 3.29 million).
The H100 said that the two “revenue from share issues would be used to accelerate the company’s bitcoin treasury strategy.”
This can allow a health and longevity firm to buy about 67 67.1 bit coins-which increases its current 13.95 BTC and can be brought to a total of 81.85 BTCs.
The participation of several Nordic investment firms such as Adamback, Bitcoin Investment Firm Utxo Management and Race WentNews Scandinavia and Crawford Capital Partners were seen in share cases.
Related: Bitcoin price is ready for volatility because the spot supply ends
Changing loans have no interest and firm in five years. H100 said investors can convert loans into equity at 1.75 karna per share.
The height, called “Turnchch 1”, was initially hit by 21.35 million karuna after agreed on 21 million karuna.
H100 says its point for health and bitcoin is align
CEO of the company Sander Anderson said on May 22 when the H100 announces its first bitcoin purchase, H100 sells health tools for people who do not want to rely on the “reaction health system”.
“The Bitcoin community has high values of individual sovereignty, and will appeal to the customers and communities for which we are developing the H100 platform,” said Anderson.
Sweden’s first health company with Bitcoin Treasury Strategy @H100 Group
To help autonomous individuals and health providers pic.twitter.com/fsixqz81mj
– Mr. Anderson (@Sandranderson) May 22, 2025
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