Swedish health technology company H100 Group has completed a $2.2 million financing that will be used to purchase Bitcoin
According to online reports, according to Cointelegraph, Swedish health technology company H100 Group AB received 21 million Swedish kronor (approximately US$2.2 million) in financing led by Blockstream CEO Adam Back. Among them, Adam Back invested approximately US$1.4 million, and the remaining US$800,000 came from investment institutions such as Morten Klein, Alundo Invest AS, Race Venture Scandinavia AB and Crafoord Capital Partners. The funds will be used to purchase Bitcoin in the form of a zero-interest rate convertible loan.
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