H100 Group Completes First Bitcoin Purchase with an Initial 5 Million NOK Allocation
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | Nordic SME Sweden |
| Sektor | Finans |
| Industri | Investeringar |
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H100 Group AB (“H100 Group” or the “Company”) today announces the allocation of 5 million NOK into Bitcoin as part of a long-term Bitcoin Treasury Strategy. This decision does not affect H100’s core operations, which remain focused on delivering technology solutions to health providers. The move reflects a strategic deployment of excess liquidity to strengthen the Company’s financial position.
As part of the initial allocation, the Company has purchased 4.39 bitcoin at a price of 1,138,737 NOK for a total consideration of approximately 5,000,000 NOK.
By adopting Bitcoin as a reserve asset, H100 becomes one of the first public health infrastructure companies in Europe to do so.
“This addition to H100’s Bitcoin Treasury Strategy follows an increasing number of tech-oriented growth companies holding Bitcoin on their balance sheet, driven by the view that it's in the company’s interest to hold a more diversified treasury portfolio than just cash,” says CEO Sander Andersen, and continues: “And I believe the values of individual sovereignty highly present in the Bitcoin community aligns well with, and will appeal to, the customers and communities we are building the H100 platform for.”