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H100 Group secured a 150 million Swedish Krona convertible loan guarantee, which will be used to increase its Bitcoin holdings.
On June 16, according to official news, the Swedish medical company H100 Group AB announced today that it has signed a new investment protocol with Adam Back, ensuring that it will initially receive a convertible loan guarantee amounting to 150 million Swedish Krona (approximately 15.82 million USD). The funds raised from this convertible loan will be used to purchase Bitcoin, as part of H100 Group’s long-term Bitcoin asset allocation strategy.