Noorr

08/23 07:02

H10 Group raises $54 million for its Bitcoin Trea

H100 Group raises $54 million for its Bitcoin Treasury Strategy

Swedish health tech firm H100 Group has raised over $54 million via share and convertible debenture issues to accelerate its Bitcoin accumulation strategy.
H100 Group AB, a Swedish health technology company focusing on longevity and AI-driven health services, has successfully closed two key funding rounds, raising around SEK 516 million (~$54M). The capital raise was done via a directed share issue (Tranche 6, issuing 27.17 million shares at SEK 6.38) and a directed convertible debenture issue (Tranche 7, SEK 342.3 million, conversion price SEK 8.48).
The directed share issue diluted existing shareholders by about 10.1%, and if all convertible debentures from Tranche 7 are converted, it could cause an additional dilution of around 14.3%.
Investors from these tranches also have rights to participate in a future Tranche 8, which will be ..

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