Swedish technology company H100 Group has announced a significant raising of funds through the issuance of new shares aimed at enhancing its Bitcoin investment strategy.
Issuance of New Shares
The board of directors decided to issue a total of 1,523,089 new shares at a price of 9.30 SEK per share. This offering was conducted for qualified investors.
Investment Strategy Changes
According to the company's statement, the net proceeds from this issuance will be used to pursue new growth and investment opportunities focused on Bitcoin. H100 Group aims to strengthen its position in the digital assets space and further consolidate its institutional Bitcoin strategy.
Growing Institutional Interest
The company also warned investors that the publication of this press release in certain countries (e.g., USA, Canada, Japan, Australia, etc.) may be subject to legal restrictions. This development again highlights the increasing institutional interest in Bitcoin in Europe and that companies are accelerating their strategic steps in this area.
H100 Group demonstrates its active engagement in Bitcoin investments, indicating the growing interest from institutional investors in digital assets.