H100 Group Secures $2.1M Loan to Buy More Bitcoin
Sweden’s H100 Group gets $2.1M from Adam Back to boost Bitcoin reserves, with potential for $12.8M more.
- H100 Group receives $2.1M convertible loan from Adam Back
- Funds will be used to acquire additional Bitcoin
- Deal includes option for a further $12.8M investment
Sweden’s H100 Group, a healthcare technology company, has secured a $2.1 million convertible loan from crypto pioneer Adam Back, CEO of Blockstream. The funds are earmarked for a bold purpose: acquiring more Bitcoin.
The loan agreement also includes an option for H100 Group to receive an additional $12.8 million in future funding, depending on certain conditions. This shows growing confidence from Back in the company’s long-term vision and its Bitcoin-focused treasury strategy.
A Healthcare Company Turning to Bitcoin
Unlike most traditional healthcare firms, H100 Group has taken an unconventional approach to treasury management. By holding Bitcoin as a strategic reserve asset, the company aims to hedge against fiat currency inflation and position itself within the expanding crypto economy.
The new investment from Adam Back, a legendary figure in the Bitcoin space, signals strong endorsement. Back is known not only for co-founding Blockstream but also for his early involvement in Bitcoin development. His support further strengthens the legitimacy of H100 Group’s move into Bitcoin accumulation.
Potential for Much Larger Bitcoin Holdings
The initial $2.1 million may be just the beginning. With an additional $12.8 million potentially on the table, H100 Group could dramatically expand its Bitcoin reserves in the near future.
This shift reflects a growing trend among tech-forward companies to view Bitcoin not just as an investment but as a core part of their financial strategy. H100 Group is carving out a new path—one that blends healthcare innovation with Bitcoin conviction.
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