H100 Group AB, a Swedish health technology company with a bitcoin treasury, has commenced trading on the Frankfurt Stock Exchange, marking an important step in its international expansion.
A New Chapter for H100 Group AB
H100 Group AB has officially started trading on the Frankfurt Stock Exchange as of July 22 under the ticker GS9. The listing is conducted in euros and without the issuance of new shares. This event marks a significant milestone in the company's internationalization, which was previously listed on the NGM Nordic Growth Market in Sweden.
Bitcoin Accumulation Strategy
Since early May, the company has undertaken a transparent bitcoin accumulation strategy, converting both cash reserves and convertible loans into BTC. Starting with a purchase of 4.39 BTC, H100 has since expanded its holdings to over 510 BTC, placing the company 44th among major public bitcoin treasury holders according to BitcoinTreasuries.net.
Growing Interest in Bitcoin-Related Stocks
H100 Group AB recently announced securing $54 million in venture capital to further expand its bitcoin treasury, marking the largest crypto VC round globally for the week of July 6-12. Additionally, a recent share issue raised 14.1 million SEK (approximately $1.3 million), aimed at increasing bitcoin holdings.
The trading of H100 Group AB on the Frankfurt Stock Exchange signifies the company's substantial expansion in the international arena and highlights the increasing interest in bitcoin stocks among investors.
