H100 Group secures $15.8 million in funding from Adam Back to expand its Bitcoin strategy.
Gate News bot message, Swedish listed company H100 Group has reached an important investment agreement with Blockstream CEO Adam Back to support its Bitcoin strategy. The agreement also includes a 150 million Swedish Kronor (approximately 15.82 million USD) convertible loan guarantee. According to H100 Group's long-term digital asset allocation strategy, the proceeds from this new investment will be used to purchase Bitcoin.