H100 Group Announces SEK 100 Million Fundraising to Increase BTC Holdings, Shares Surge 45%
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Swedish health technology company H100 Group AB announced on Wednesday that it has raised 101 million SEK (approximately $10.6 million) to accelerate the company’s Bitcoin treasury strategy, following which its share price surged by 45%. According to market data, H100 closed at 4.64 SEK (about $0.49) on the Nordic Growth Market, marking a 280% increase in its share price since the announcement of its Bitcoin reserve plan.
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