INSUBCONTINENT EXCLUSIVE:
Swedish health tech firm H100 Group AB rose 45% on Wednesday after announcing it raised 101 million Swedish krona ($10.6 million) to
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
so, including 14 new firms in three weeks, BitcoinTreasuries.NET data shows.$10M raise to boost Bitcoin strategyThe raise was split between
two share issues worth 69.65 million krona ($7.31 million) and convertible loans, contributing 31.35 million krona ($3.29 million).H100 said
saw participation from Adam Back, Bitcoin investment firm UTXO Management and several Nordic investment firms like Race Ventures Scandinavia
and Crafoord Capital Partners.Related: Bitcoin price prepares for volatility as spot supply vanishesThe convertible loans carry no interest