Sweden’s First Public Company to Invest in Bitcoin

Sweden-based H100 Group AB, a pioneering company in corporate healthcare technology, has just taken a bold step by investing $2.2 million USD into Bitcoin for its treasury. This marks the first time a publicly listed Swedish firm has adopted this strategy. 21 million SEK (USD 2.2 million) was raised to purchase BTC, and the funds were led by Adam Back, CEO of Blockstream and a respected figure in the Bitcoin community. The company’s move is generating substantial attention and could potentially spark similar initiatives from other European corporations.