**H100 Group Expands Bitcoin Holdings with New Acquisition**
H100 Group AB has announced the acquisition of an additional 46.93 Bitcoin for approximately SEK 49.5 million, averaging SEK 1,054,701 per BTC. This latest purchase elevates the company’s total Bitcoin holdings to 294.5 BTC, reinforcing its strategy to build a robust Bitcoin treasury aimed at capital preservation and balance sheet enhancement.
Sander Andersen, CEO of H100 Group, stated, “This addition to H100’s Bitcoin Treasury Strategy follows an increasing number of tech-oriented growth companies holding Bitcoin on their balance sheet. I believe the values of individual sovereignty highly present in the Bitcoin community align well with the customers and communities we are building the H100 platform for.”
This acquisition comes on the heels of the successful closure of Tranches 6 and 7, which raised SEK 516 million through a directed share issue and a convertible debenture offering. The funds will be utilized to further H100’s Bitcoin investment strategy, initially announced on June 30, 2025.
The press release detailed that Tranche 6 involved issuing over 27 million shares at SEK 6.38 per share, generating approximately SEK 173.3 million. Tranche 7 consisted of convertible debentures totaling around SEK 342.3 million, with a conversion price of SEK 8.48 per share, negotiated with key investors including Adam Back and TOBAM funds.
H100’s strategy reflects a growing trend among technology companies adopting Bitcoin as a treasury asset to hedge against currency devaluation and improve long-term capital access. The board has also outlined plans for Tranche 8, anticipated to be a further convertible issue with a premium conversion price of SEK 11.27, pending investor interest and shareholder approval.
The final size of Tranche 8 will be determined by the Company’s Board of Directors, based on what is deemed to be in the best interests of the Company and prevailing market conditions.
In summary, H100 Group’s recent Bitcoin acquisition and ongoing fundraising efforts underscore its commitment to leveraging Bitcoin as a strategic asset, aligning with broader trends in the tech industry.
**FAQ**
**What is H100 Group’s strategy regarding Bitcoin?**
H100 Group aims to build a robust Bitcoin treasury to preserve capital and strengthen its balance sheet, reflecting a growing trend among tech companies to use Bitcoin as a treasury asset.
