Sweden’s H100 soars 45% in a day after raising $10M for Bitcoin treasury

H100 Group’s shares surged after the Swedish health firm announced it had raised $10.6 million to stack more Bitcoin.

Swedish health tech firm H100 Group AB rose 45% on Wednesday after announcing it raised 101 million Swedish krona ($10.6 million) to accelerate the firm’s Bitcoin treasury strategy.

H100 closed at 4.64 krona ($0.49) on the Nordic Growth Market stock exchange, bringing its share price growth to 280% since announcing its Bitcoin (BTC) strategy on May 22, MarketWatch data shows.

The $10.6 million raise is nearly five times larger than its previous $2.2 million raise led by Bitcoin cypherpunk Adam Back on May 25.

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  • cardanoCardano(ADA)$0.260196-0.85%
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  • tronTRON(TRX)$0.0774861.09%
  • polkadotPolkadot(DOT)$4.501.99%
  • litecoinLitecoin(LTC)$65.301.07%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,065.000.00%
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  • havvenSynthetix Network(SNX)$2.06-0.07%
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  • eosEOS(EOS)$0.581.13%
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  • bitcoin-cash-svBitcoin SV(BSV)$29.94-1.07%
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