H100 Group receives 150 million Swedish kronor convertible loan guarantee to increase its holdings in Bitcoin
According to online reports, Swedish medical company H100 Group AB announced today that it has signed a new investment agreement with Adam Back to ensure that the initial payment of a convertible loan guarantee in the amount of 150 million Swedish kronor (approximately US$15.82 million) is obtained. The proceeds raised from this convertible loan will be used to purchase Bitcoin as part of H100 Group's long-term Bitcoin asset allocation strategy.
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