Health-Tech Firm’s Stock Surges 280% Since Announcing BTC Strategy in May

Shares of Swedish health technology firm H100 Group AB soared 45% on Wednesday after the company announced it had raised 101 million Swedish krona ($10.6 million) to advance its Bitcoin treasury strategy. The company’s stock closed at 4.64 krona ($0.49) on the Nordic Growth Market, marking a total gain of 280% since it first disclosed its plans to acquire Bitcoin on May 22, according to MarketWatch data.

Bitcoin Treasury Strategy Attracts Investor Momentum

The $10.6 million funding round is nearly five times larger than the company’s previous $2.2 million raise, which was led by renowned Bitcoin cypherpunk Adam Back on May 25. The latest announcement reflects the growing trend of public companies incorporating Bitcoin into their balance sheets as a long-term treasury asset.

H100 Group (Ticker: H100) secures SEK 101M in new financing.

✅ Tranche 1 of our convertible loan 50% oversubscribed at SEK 31.35M ($3.1M)
✅ Plus SEK 69.65M ($6.6M) in new equity raised

🔒 SEK 122M total secured across convertibles and equity
Tranches 2–5 remain untouched. pic.twitter.com/x0gC5Iw4Tu

— H100 (@H100Group) June 11, 2025

According to data from BitcoinTreasuries.net, 126 publicly listed companies now hold Bitcoin, with 14 new firms joining the trend in the past three weeks alone.

“More companies are becoming Bitcoin companies by the week,” one industry analyst commented.

Breakdown of the $10.6 Million Raise

The funds were raised through a combination of:

• 69.65 million krona ($7.31 million) via two share issues

• 31.35 million krona ($3.29 million) through convertible loans

H100 stated that the net proceeds would be used to accelerate its Bitcoin treasury strategy, allowing the company to purchase approximately 67.1 BTC at current market prices. This would increase H100’s holdings from 13.95 BTC to an estimated 81.85 BTC.

Strong Institutional Participation

The raise drew support from high-profile Bitcoin advocates and investment firms, including:

• Adam Back

• UTXO Management, a Bitcoin-focused investment firm

• Race Ventures Scandinavia

• Crafoord Capital Partners

The convertible loans associated with the funding round carry no interest and mature in five years. Investors will have the option to convert their loans into equity at a fixed price of 1.75 krona per share, according to the company.

H100 also noted that its “Tranche 1” raise was increased to 31.35 million krona from an originally agreed 21 million krona, reflecting strong investor demand.

Bitcoin and Health: A Strategic Alignment

H100 positions itself as a health and longevity-focused company offering tools for individuals who wish to be proactive in managing their well-being. CEO Sander Andersen explained the philosophical alignment between the values of the Bitcoin community and H100’s core mission.

“The values of individual sovereignty highly present in the Bitcoin community align well with, and will appeal to, the customers and communities we are building the H100 platform for,” Andersen said during the company’s first Bitcoin purchase announcement in May.

The strategy reflects a broader movement in the Bitcoin ecosystem, where self-sovereignty, financial independence, and proactive health management are seen as complementary ideals.

Corporate Bitcoin Adoption on the Rise

H100 joins a growing number of firms — from legacy financial institutions to newer digital-native businesses — that are converting fiat reserves into Bitcoin to hedge against inflation, currency debasement, and macro uncertainty.

Notable examples include:

• Strategy (formerly MicroStrategy) – Over 580,000 BTC held

• MARA Holdings – Major Bitcoin mining firm with sizable BTC reserves

• GameStop, Guggenheim, and other recent entrants deploying treasury strategies centered on Bitcoin

These moves are often accompanied by stock surges as investors increasingly view BTC-backed balance sheets as a signal of innovation, long-term vision, and financial resilience.

A Broader Shift in Financial Thinking

H100’s embrace of Bitcoin marks another example of how businesses across sectors are beginning to treat BTC not just as a speculative asset but as a strategic reserve. Advocates argue that Bitcoin offers superior scarcity, portability, and long-term value retention compared to traditional cash reserves.

By leveraging Bitcoin’s properties, companies like H100 aim to safeguard shareholder value and appeal to a new generation of customers aligned with sound money principles.

Conclusion

Swedish health-tech firm H100 Group AB’s 45% share price surge following its $10.6 million capital raise underscores the growing appeal of Bitcoin treasury strategies among public companies worldwide. With participation from major Bitcoin advocates and investment firms, and a sharply increased BTC position in the works, H100 is signaling a strong commitment to the Bitcoin standard.

As Bitcoin continues to gain traction among corporate treasuries, H100’s bold move may serve as a template for other non-financial firms seeking to bridge mission-driven business with monetary innovation.