Adam Back drives the Bitcoin revolution
H100 Group raises $2.2M to expand its treasury in #BTC marking a milestone in Europe
The Swedish health technology company H100 Group AB has secured funding of 21 million Swedish kronor ($2.2 million) in a round led by Adam Back, CEO of Blockstream and creator of Hashcash, a key technology in the foundations of #bitcoin
Announced on May 25, 2025, the investment, obtained through interest-free convertible loans, will be used to purchase approximately 20.18 Bitcoin (BTC), adding to the 4.39 BTC acquired on May 22, bringing its total reserve to nearly 24.57 BTC.
Back contributed $1.4 million, while the remaining $800,000 came from investment firms such as Morten Klein, Alundo Invest AS, Race Venture Scandinavia AB, and Crafoord Capital Partners.
This move makes H100 the first public company in Sweden to adopt a Bitcoin treasury policy, and one of the few in Europe, joining only ten European companies among the 112 globally that hold BTC as a treasury asset.
