H100 Group, Swedish health-tech agency, has acquired 144.8 BTC as a part of a settlement tied to its convertible mortgage settlement, in accordance with an organization press launch issued Monday. With this newest transaction, the Stockholm-based agency now holds a complete of 169.2 BTC on its stability sheet.
The 144.8 BTC was transferred as part of the primary 4 segments of H100’s mortgage settlement, which has been effectively acquired by traders to this point. H100 stated within the launch, “H100 Group AB (‘H100 Group’ or the ‘Firm’) has in the present day acquired 144.8 BTC as a part of the proceeds from Tranches 1 by way of 4 underneath its beforehand introduced convertible mortgage agreements.”
This follows current reporting that Blockstream CEO Adam Again dedicated to steer a 750 million kronor (~$79 million) funding initiative for H100, anchored by a 150 million-krona injection in Tranche 6. The mortgage, structured for velocity and cost-efficiency, was priced at 6.38 kronor per share—a 33% premium to market—exhibiting investor confidence.
The mortgage construction consists of settlement flexibility—both in money or Bitcoin—which permits counterparties to go for BTC supply, decreasing fiat friction and lining up with the agency’s long-term treasury outlook.
“Unexpectedly, given the sturdy reception, Tranches 1-4 grew to become in-the-money quickly,” Again informed CoinDesk. “I used to be anticipating [H100] would convert them over time as they reached in-the-money standing.”
This funding strategy permits H100 to bypass conventional rights points whereas onboarding capital in a versatile method. Tranches 7 and eight are on deck, with room for dimension will increase relying on market urge for food.
This additionally displays H100’s evolving monetary technique. Whereas the corporate’s core operations stay centered on AI-driven well being and longevity providers, its rising Bitcoin place is reshaping how capital is raised, saved, and deployed. As of now, the corporate’s BTC holdings stand at 169.2 BTC—up from simply 24.41 BTC previous to this newest tranche execution.
H100’s inventory jumped 22% on Monday in response to the developments.
Because the agency continues negotiations for future tranches and explores adoption of BTC as a monetary spine, it positions itself uniquely on the intersection of well being tech and decentralized finance.
