The H100 Group has raised approximately $114 million in total for its Bitcoin reserve strategy.
By: theblockbeats.news|2025/07/28 07:11:48
BlockBeats News, July 28th, according to an official announcement from the Swedish listed company H100 Group, H100 Group AB has completed a private placement, raising approximately 109.19 million Swedish Krona (SEK). Issue Price: 7.82 Swedish Krona per share, based on last Friday's closing price.
Since initiating a Bitcoin asset reserve strategy, H100 Group has raised a total of 1.095 billion Swedish Krona (approximately $114 million) in funding.
BlockBeats previously reported that on July 23rd, the Swedish listed company announced an additional purchase of 117.93 BTC, increasing the total holding to 628.22 BTC.
Analysis: Over the past decade, Bitcoin has only seen price increases in August for three years, potentially entering a consolidation phase due to seasonal disturbances.A whale has withdrawn 3711 ETH from a CEX after 5 months of inactivity, worth approximately $14.58 million
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