H100 Group purchased 56.9 Bitcoin at an average price of SEK 1,135,364 per BTC, increasing its total holdings to 685.1 BTC.
Key Takeaways
H100 Group purchased 56.9 BTC, averaging SEK 1,135,364 per coin.
The company’s total Bitcoin holdings now stand at 685.1 BTC.
The move underscores ongoing institutional accumulation of Bitcoin despite recent market volatility.
Details of the Purchase
H100 Group confirmed the acquisition of 56.9 BTC at an average purchase price of SEK 1,135,364 per Bitcoin (approximately USD $108,000).
With this latest buy, H100 Group’s Bitcoin reserves have climbed to 685.1 BTC, further solidifying its position among corporate BTC holders.
Market Context
Institutional confidence remains high: The purchase comes amid ongoing accumulation from corporate treasuries, despite Bitcoin recently consolidating below $120,000.
Growing reserves: H100 Group’s expanded holdings highlight a long-term bullish outlook on BTC as a treasury asset.
