H100 Group Secures Up to $79 Million Loan for Bitcoin Strategy

H100 Group, a Swedish health-technology firm, announced an agreement with Blockstream CEO Adam Back for financing to support its bitcoin treasury strategy.

Back is set to lend up to 750 million kronor ($79 million) through a convertible loan.
Initial tranche (Tranche 6) is worth 150 million kronor, priced at 6.38 kronor per share, a 33% premium to market.
Back can participate in two additional tranches of 75 million kronor each, subject to market conditions.
The financing structure prioritizes speed and cost-efficiency, inviting other investors on equal terms.
H100 Group currently holds 24.41 BTC.
The company's shares rose by 22% on Monday.