Swedish health technology company H100 Group AB has raised approximately $14.1 million (SEK 14.1 million) through a directed share offering aimed at expanding its Bitcoin treasury strategy. 

The funding round included participation from qualified investors such as Evan Rosenberg, Loek Schellekens, and Sebastiaan Ribbink. 

It follows a separate $54 million venture capital raise completed earlier in July, which was among the largest Bitcoin-related funding rounds that week.

H100 Group AB disclosed its first Bitcoin purchase of 4.39 Bitcoin in May. As of late July, the company reports holding over 510 Bitcoin, valued at more than $44 million based on current market prices. 

This places H100 among the 50 largest public companies by Bitcoin holdings.

Alongside the capital raise, H100 has cross-listed its shares on the Frankfurt Stock Exchange under the ticker symbol GS9. 

This listing, denominated in euros and carried out without issuing new shares, supplements its existing listing on Sweden’s NGM Nordic Growth Market (ticker: H100). 

The cross-listing is intended to increase visibility and broaden the company’s investor base across Europe. H100 now trades alongside other firms with Bitcoin treasury exposure, including Bitcoin Group SE and BTC AB.

The company has stated that its Bitcoin-focused strategy is aligned with a broader trend of corporate adoption of digital assets as balance sheet holdings. 

Notable backers include Adam Back, CEO of Blockstream, whose involvement is expected to support the company's decision-making around Bitcoin accumulation and risk management.

H100’s activities reflect ongoing developments in how companies across sectors are engaging with Bitcoin and digital assets.

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