Swedish health technology firm H100 Group AB has raised approximately $14.1 million through a directed share issue as it continues to ramp up its Bitcoin Treasury strategy.
The company announced that it secured around SEK 14.1 million from a select group of qualified investors, including Evan Rosenberg, Loek Schellekens, and Sebastiaan Hendrik Gerrit Jan Ribbink. The offering involves up to 1,523,089 new shares, priced at SEK 9.30 each – the same as the stock’s closing price on July 18. The new issuance results in a minimal dilution of roughly 0.5% when factoring in both existing and yet-to-be-registered shares.
On July 14, H100 Group AB also successfully secured SEK 42.9 million (approximately $4 million USD) through a directed share issue aimed at bolstering its Bitcoin Treasury Strategy. The Swedish firm’s Board of Directors approved the issuance of up to 4,840,910 new shares at a subscription price of SEK 8.86 per share.
The proceeds will be channelled into H100’s aggressive push to strengthen its Bitcoin reserves. The move follows a series of bold treasury decisions by the company, which first caught investor attention in May after revealing a $490,000 purchase of 4.39 BTC that sent its share price soaring by 40%.
Building on that momentum, H100 has doubled down on its crypto strategy, securing additional funding to expand its digital asset holdings. Earlier this month, the firm also closed a massive $54 million venture capital round, marking the largest crypto VC deal globally for the week of July 6–12, according to data from Crypto Fundraising.
With its latest capital injection, H100 Group AB now holds approximately 370 BTC on its balance sheet, valued at about $44.06 million at current market prices. This places the company as the 49th largest public Bitcoin holder worldwide, according to data from BitcoinTreasuries.
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