Close Menu
    Trending
    • Crypto Hackers Drain $42,000,000 From Decentralized Perps Exchange GMX, Sends Funds to Unknown Wallet: Report
    • Sei Network Unlocks Japan Market After Hitting $626M in TVL
    • What Is Copy Trading in Crypto? A Beginner’s Guide
    • XRP Prices Hit 7-Week Peak as This Crucial Metric Suggests Further Gains
    • Justin Sun Commits $100M to Trump Memecoin
    • Is Dogecoin Prepping For Takeoff? Fib Reaction And Trend Support Say Yes
    • H100 Group Increases Bitcoin Holdings With Purchase Of 46.93 BTC
    • Uniswap Market Cap Jumps 21% Amid Dormant UNI Awakening
    Simon Crypto
    • Home
    • Crypto Market Trends
    • Bitcoin News
    • Crypto Mining
    • Cryptocurrency
    • Blockchain
    • More
      • Altcoins
      • Ethereum
    Simon Crypto
    Home»Bitcoin News»H100 Group Increases Bitcoin Holdings With Purchase Of 46.93 BTC
    Bitcoin News

    H100 Group Increases Bitcoin Holdings With Purchase Of 46.93 BTC

    Team_SimonCryptoBy Team_SimonCryptoJuly 9, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Immediately, H100 Group AB has announced the acquisition of an extra 46.93 Bitcoin for roughly SEK 49.5 million, at a mean value of SEK 1,054,701 per BTC. This newest acquisition brings the corporate’s whole Bitcoin holdings to 294.5 BTC, reinforcing its bitcoin treasury technique aimed toward preserving capital and strengthening its stability sheet.

    “This addition to H100’s Bitcoin Treasury Technique follows an rising variety of tech-oriented progress corporations holding Bitcoin on their stability sheet,” mentioned the CEO of H100 Group Sander Andersen. “And I consider the values of particular person sovereignty extremely current within the Bitcoin group aligns nicely with, and can attraction to, the shoppers and communities we’re constructing the H100 platform for.”

    The acquisition follows the corporate’s profitable closure of Tranches 6 and 7, elevating SEK 516 million by a directed share challenge and a convertible debenture providing. The capital raised might be used to additional execute H100’s Bitcoin funding technique, initially introduced on June 30, 2025.

    “Following the renegotiation, it has been agreed that Tranche 6 shall be executed by means of the Directed Share Problem and that Tranche 7 shall be executed by means of the Directed Convertible Problem,” mentioned the press launch.

    Tranche 6 concerned the problem of over 27 million shares at SEK 6.38 per share, elevating roughly SEK 173.3 million. Tranche 7 consisted of convertible debentures totaling round SEK 342.3 million with a conversion value of SEK 8.48 per share, each agreed by negotiations with key buyers together with Adam Again, TOBAM funds, and others.

    H100’s technique displays rising momentum amongst tech corporations utilizing Bitcoin as a treasury asset to hedge in opposition to forex devaluation and improve long run capital entry. The corporate’s board has additionally outlined plans for Tranche 8, anticipated to be an extra convertible challenge with a premium conversion value of SEK 11.27, topic to investor request and shareholder approval.

    “The ultimate measurement of Tranche 8 might be decided on the sole discretion of the Firm’s Board of Administrators, based mostly on what’s deemed to be in the most effective pursuits of the Firm and prevailing market circumstances, nonetheless, at a minimal the accrued sum of the rights exercised by the Buyers or their assignees,” said the press launch.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    What Is Copy Trading in Crypto? A Beginner’s Guide

    July 9, 2025

    What They Are and How to Use Them

    July 9, 2025

    Ego Death Capital Closes $100 Million Raise To Scale Bitcoin Companies

    July 9, 2025

    Metaplanet Enters ‘Bitcoin Gold Rush’ With Plans To Buy 210,000 BTC By 2027

    July 9, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Top Posts

    DEVgrants: Here to Help | Ethereum Foundation Blog

    February 23, 2025

    ad

    About us

    Welcome to SimonCrypto.in, your ultimate destination for everything crypto! Whether you’re a seasoned investor, a blockchain enthusiast, or just beginning your journey into the fascinating world of cryptocurrencies, we’re here to guide you every step of the way.

    At SimonCrypto.in, we are passionate about demystifying the complex world of digital currencies and blockchain technology. Our mission is to provide insightful, accurate, and up-to-date information to empower our readers to make informed decisions in the ever-evolving crypto space.

    Top Insights

    Jason "Spaceboi" Lowery's Bitcoin "Thesis" Is Incoherent Gibberish

    December 2, 2024

    Analyst Says Crypto Investors Continue To Sleep on One Large-Cap Altcoin, Sees Bottom for Solana-Based Memecoin

    December 30, 2024

    Consolidation Almost Over, XRP Prepares for a Big Move

    April 27, 2025
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 SimonCrypto All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.