Blockstream CEO Invests $2.2M in Swedish Health Tech Firm to Boost Bitcoin Holdings

Adam Back, CEO of Blockstream, has made a significant investment of $2.2 million in H100 Group AB, a Swedish health technology company. The funds will be used to increase the firm’s Bitcoin holdings as part of a strategy to incorporate cryptocurrency into its corporate treasury operations. This strategic move follows a similar trend observed in companies like MicroStrategy and Tesla which have adopted Bitcoin as a component of their asset portfolio.