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H100 Group, a Swedish health technology enterprise, has acquired 144.8 BTC as part of an agreement related to its convertible loan arrangement, as stated in a company news release published on Monday. With this latest deal, the Stockholm-based company now possesses a total of 169.2 BTC on its financial records.
The 144.8 BTC was transmitted as part of the first four portions of H100’s loan arrangement, which has been positively embraced by investors up to this point. H100 stated in the release, “H100 Group AB (‘H100 Group’ or the ‘Company’) has today obtained 144.8 BTC as part of the funds from Tranches 1 through 4 under its previously disclosed convertible loan agreements.”
This follows recent reports indicating that Blockstream CEO Adam Back pledged to spearhead a funding effort of 750 million kronor (~$79 million) for H100, centered around a 150 million-krona investment in Tranche 6. The loan, designed for efficiency and speed, was priced at 6.38 kronor per share—a 33% markup compared to the market—demonstrating investor trust.
The loan framework features repayment flexibility—either in cash or Bitcoin—enabling counterparties to choose BTC delivery, alleviating fiat complications and aligning with the firm’s long-term treasury vision.
“Surprisingly, given the strong reception, Tranches 1-4 became profitable quickly,” Back informed CoinDesk. “I anticipated [H100] would convert them progressively as they entered profitable status.”
This funding strategy enables H100 to circumvent conventional rights issues while acquiring capital in a nimble manner. Tranches 7 and 8 are forthcoming, with potential for enlargement depending on market interest.
This also signifies H100’s developing financial strategy. While the enterprise’s primary operations remain centered on AI-driven health and longevity services, its increasing Bitcoin holdings are transforming how capital is secured, managed, and utilized. Currently, the company’s BTC assets total 169.2 BTC—up from merely 24.41 BTC before this latest tranche execution.
H100’s shares surged by 22% on Monday in reaction to these developments.
As the organization continues discussions for upcoming tranches and investigates the adoption of BTC as a financial foundation, it uniquely positions itself at the convergence of health tech and decentralized finance.
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