The H100 group targets 750 million Swedish crimes to raise the BTC power strategy

H100 (H100)The Swedish Health Technology Company said it has reached an agreement that can see the CEO of Blockstream Adam Back, lends up to 750 million kronor ($ 79 million) to support Bitcoin in the long run

Treasury strategy.

Once again in an initial segment of 150 million chips, known as Trance 6, it has been subscribed to a convertible loan. It also carries the right to participate in follow -up segments, each of which is currently assigned 75 million kronor, although the company intends that amount if market conditions allow.

The financing structure gives priority to speed and cost efficiency on the issue of traditional rights and allows the Stockholm -based H100 to invite other investors equally. The conditions of convertible loans were determined by the ARM length negotiations, at a price of 6.38 kronor per share, which is a 33 % premium on the market.

“Unforgettable, given the strong reception, the slides of the money quickly became,” Pak said in a statement to Qenindsk. “I expected [H100] They will transfer them over time when they reach the money situation. “
H100 currently has 24.41 BTC, according to Bitcointreasuries.net. The company shares 22 % on Monday.