Hilbert Group, a leading Swedish digital asset company, has announced a new crypto treasury strategy focusing on Bitcoin and other cryptocurrencies.
Approval of Bitcoin Treasury Strategy
On July 4, Hilbert Group disclosed that its board of directors approved a plan to add Bitcoin to its corporate treasury. This includes launching a strategic crypto treasury program to raise funds and manage digital assets.
Institutional Opportunities for Hilbert Group
The company will oversee the treasury strategy with a dedicated committee chaired by CIO Russell Thompson. He notes the firm’s extensive asset management experience and use of AI. Hilbert Group is in talks with institutional partners for large financing offers.
Advantages for Shareholders
The company saw a 13% increase in stock prices following the announcement. The stock price ranged between 10.70 and 14.10 SEK, with a total monthly growth of 110%. Hilbert Group is among the few European companies adopting a Bitcoin treasury strategy, providing significant advantages.
Hilbert Group's crypto treasury strategy underscores its active participation in the digital asset space and offers opportunities for increased capitalization and transparency to shareholders.