Swedish Health Tech Innovator H100 Secures $10.6M to Fuel Bitcoin-Centric Growth Strategy

Stockholm''s H100 just turbocharged its crypto ambitions with a $10.6 million war chest—proving even health tech can''t resist Bitcoin''s siren call.

The Nordic gamble: While legacy finance scrambles to regulate, this Scandinavian upstart is doubling down on digital gold. Their playbook? Merge cutting-edge health tech with crypto''s volatility for maximum disruption.

Follow the money: That $10.6 million isn''t buying hospital beds—it''s buying Bitcoin exposure. Because nothing says ''health innovation'' like betting on an asset that swings 20% before lunch.

One thing''s certain: In a world where VCs throw cash at anything blockchain-adjacent, H100 just wrote the playbook for riding the hype cycle straight to the balance sheet.

TLDR

• Swedish health tech firm H100 Group raised $10.6 million to buy more Bitcoin, causing shares to jump 45%
• The company’s stock has grown 280% since announcing its Bitcoin strategy on May 22
• H100 is Sweden’s first public company to adopt a Bitcoin treasury strategy
• The raise was five times larger than their previous $2.2 million funding round led by Bitcoin expert Adam Back
• The company plans to buy around 67 more Bitcoin to add to its existing 13.95 BTC holdings

Swedish health technology company H100 Group AB saw its stock price surge 45% after announcing a major funding round dedicated to buying Bitcoin. The company raised 101 million Swedish krona ($10.6 million) to expand its Bitcoin treasury strategy.

H100 Group (Ticker: H100) secures SEK 101M in new financing.

✅ Tranche 1 of our convertible loan 50% oversubscribed at SEK 31.35M ($3.1M)
✅ Plus SEK 69.65M ($6.6M) in new equity raised

🔒 SEK 122M total secured across convertibles and equity
Tranches 2–5 remain untouched. pic.twitter.com/x0gC5Iw4Tu

— H100 (@H100Group) June 11, 2025

H100’s shares closed at 4.64 krona ($0.49) on the Nordic Growth Market stock exchange. The stock has climbed 280% since the company first announced its bitcoin strategy on May 22.

The latest funding round represents a major increase from H100’s previous raise. The $10.6 million is nearly five times larger than the company’s $2.2 million funding round completed just weeks earlier in May.

Growing Corporate Bitcoin Adoption

H100 joins a growing list of companies adding Bitcoin to their balance sheets. Data from BitcoinTreasuries.NET shows 126 corporate companies now hold Bitcoin, with 14 new firms joining in just three weeks.

The Swedish company becomes the first public firm in Sweden to adopt a Bitcoin treasury strategy. It’s among the first in Europe to make this move.

The funding came through two different mechanisms. Share issues raised 69.65 million krona ($7.31 million) while convertible loans contributed 31.35 million krona ($3.29 million).

H100 stated that proceeds from the share issues will be used to accelerate the company’s Bitcoin treasury strategy. The funding could allow H100 to purchase around 67.1 Bitcoin.

This WOULD add to the company’s existing holdings of 13.95 BTC. The total would bring H100’s Bitcoin holdings to approximately 81.85 BTC.

Investment Details and Participants

The share issues attracted participation from Bitcoin expert Adam Back, who led the previous funding round. Bitcoin investment firm UTXO Management also participated in the raise.

Several Nordic investment firms joined the funding round. These included Race Ventures Scandinavia and Crafoord Capital Partners.

The convertible loans carry no interest and have a five-year maturity period. Investors can convert the loans into equity at 1.75 krona per share.

The convertible loan portion was originally set at 21 million krona. It was increased to 31.35 million krona due to investor demand.

H100’s CEO Sander Andersen explained the company’s reasoning for the Bitcoin strategy. He said the values of individual sovereignty in the Bitcoin community align with H100’s customer base.

Swedens first health company with Bitcoin Treasury strategy @H100Group

Supporting the sovereign individual and preventive health providers 🤝 pic.twitter.com/FSIxQZ81mJ

— Mr.Andersen (@Sanderandersenn) May 22, 2025

The company sells health tools for people who don’t want to rely on traditional healthcare systems. Andersen believes Bitcoin’s principles appeal to H100’s target customers.

H100’s stock performance shows strong investor confidence in the Bitcoin strategy. The market has responded positively since the company first announced its plans in May.