Key Takeaways:
H100 Group issues over 1.5 million new shares to institutional investors
Subscription price set at SEK 9.3 per share
Total funds raised: approximately SEK 14.1 million
Capital to support BitPursue and crypto reserve strategy
Swedish-listed firm H100 Group has announced a successful private placement of 1,523,089 new shares to a select group of qualified investors, according to a report from ChainCatcher. Each share was offered at a subscription price of 9.3 Swedish kronor, bringing in approximately SEK 14.1 million in total funding.
The capital raise is part of H100 Group's ongoing strategy to strengthen its digital asset portfolio. The company confirmed that the proceeds will be directed toward BitPursue and related investment opportunities under its currency reserve strategy, signaling a deeper commitment to blockchain-based asset management.