H100 Group Raises $27.7 Million through Convertible Bond, Bolsters Bitcoin Strategy

Swedish health tech company H100 Group has secured a significant investment of 21 million Swedish kronor ($2.1 million) through a convertible bond agreement with Adam Back, co-founder of Blockstream. This strategic move allows the company to further develop its Bitcoin reserve strategy and strengthen its financial position. H100 plans to use the funds to expand its healthcare technology infrastructure and secure long-term value preservation strategies, particularly in challenging inflationary periods where traditional currencies may falter. 3Adam Back’s expertise in both finance and cryptocurrency strengthens H100 Group’s credibility and provides valuable guidance on incorporating Bitcoin as a stable alternative currency for their platform.