🚨 ¡MADNESS IN SWEDEN! HEALTH COMPANY RAISES $10.6 MILLION TO BUY $BTC AND ITS STOCKS SOAR 45%! 🤯💸
📢 H100 Group AB, a Swedish health technology company, has seen its stocks rise 45% after announcing it raised $10.6 million to accelerate its treasury strategy in Bitcoin (#BTC )! 🚀 Its stocks have grown an impressive 280% since they announced their adoption of #bitcoin on May 22.
This latest fundraising by H100, almost five times larger than the previous one, reflects a growing trend among publicly traded companies worldwide to add Bitcoin to their balance sheets. A total of 126 companies have already done so, including 14 new ones in just the last three weeks. The proceeds from the fundraising will be used to buy more Bitcoin, which could add about 67.1 BTC to the 13.95 BTC they already own, bringing the total to 81.85 BTC. Notable investors such as cypherpunk Adam Back and UTXO Management participated in the round. H100 CEO Sander Andersen stated that the values of "individual sovereignty" of Bitcoin align with their focus on health and longevity.
🤔 Do you think this unusual combination of health and cryptocurrencies is a sign that Bitcoin is maturing as a global treasury asset, attracting even non-traditional industries?
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