H100 Group AB purchased an additional 47.33 Bitcoin for SEK 48,999,597, bringing total holdings to 247.54 BTC. The transaction demonstrates the company's commitment to Bitcoin as a long-term reserve asset, executed at an average price of SEK 1,035,126 per BTC. This acquisition follows a recent inflow of 144.8 BTC from a convertible loan agreement, pushing Bitcoin holdings to 169.2 BTC. H100 aims to develop a Bitcoin-denominated treasury as part of a SEK 750 million funding initiative led by Blockstream CEO Adam Back, who also invested SEK 150 million in the effort.
H100 Group AB has purchased an additional 47.33 Bitcoin, raising its total Bitcoin holdings to 247.54 BTC as part of its Bitcoin Treasury Strategy.
The acquisition of Bitcoin reflects H100's long-term confidence in this asset, executed at an average price of SEK 1,035,126 per BTC.
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