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Swedish listed company H100 Group raised $10.6 million to advance its Bitcoin financial strategy, and its stock price rose by 45%.
Gate News bot news, Swedish health technology company H100 Group AB announced on Wednesday a financing of 101 million Swedish Krona (approximately 10.6 million US dollars) to accelerate its Bitcoin financial strategy, and the stock price rose by 45%.
MarketWatch data shows that the closing price of H100 on the Nordic Growth Stock Exchange was 4.64 Swedish Krona (approximately 0.49 USD). Since announcing its Bitcoin strategy on May 22, its stock price has risen by 280%.
This financing amount of 10.6 million USD is nearly five times the 2.2 million USD funding led by industry KOL Adam Back on May 25. Data from BitcoinTreasuries.NET shows that a total of 126 companies have adopted Bitcoin financial strategies, including 14 new companies added within three weeks.
Source: Cointelegraph