H100 Group Makes History as Sweden’s First Bitcoin Treasury Firm to Go Public

Stockholm’s financial scene just got a crypto jolt—H100 Group storms the Nasdaq First North as Sweden’s maiden Bitcoin treasury listing. No hedging, no apologies.

Why it matters: While legacy banks fiddle with ’blockchain pilots,’ H100’s all-in Bitcoin bet flips the corporate treasury playbook. Who needs bonds when you’ve got digital gold?

The fine print: Zero mention of their auditors sweating over volatility clauses. Because when moon, right?

H100 Plans to keep Stacking BTC

H100 CEO Sander Andersen told Cryptonews over email that the acquisition “isn’t a short-term play.”

“It’s a structural alignment with the future of money, and a strategy to protect our balance sheet while compounding long-term value.”

He further said that H100’s strategy is to “build and hold,” adding that Bitcoin is not a trade, but rather a savings technology and a resilient long-term asset to hold.

“We announced an LOI for a convertible loan of up to 10M SEK to further accelerate our Bitcoin treasury strategy.”

H100 Group has joined a growing list of public companies adding Bitcoin to their balance sheets in 2025. Some of the recent entrants include Twenty One Capital and Strive, among others.

“We’re inspired by leading U.S. treasury companies and will continue looking for strategic opportunities to expand our Bitcoin holdings in a responsible and long-term oriented way,” Andersen added.

Institutional Crypto Adoption is ‘Accelerating’: CEO

The CEO highlighted that investors are increasingly expecting balance sheets to reflect the future in a long term.

“H100 is proud to be an early mover in the Nordics, aligning our capital structure with the values we stand for,” he told Cryptonews. “We want to be a blueprint for how operational companies — especially those serving the sovereign individual — can integrate Bitcoin into their treasury and strategy.”

H100’s Bitcoin debut comes at a time when Swedish lawmakers are pushing the government to build a Strategic Bitcoin Reserve.

Last month, representatives from the Member of Parliament suggested that Sweden should begin accumulating Bitcoin through direct policy or a budget-neutral method. They submitted a letter to the country’s finance minister to seriously consider adding Bitcoin to Sweden’s national financial strategy.

Addressing BTC Volatility When Considering as Treasury Asset

CEO Andersen called Bitcoin the best-performing asset over the past decade, adding that more people are beginning to understand it.

“We view Bitcoin as part of our liquidity — not as our Core operational capital. H100 remains a health infrastructure company focused on preventive care,” he said. “But by allocating a portion of our reserves to Bitcoin, we’re aligning with the values and needs of the community we serve.”