H100 Group AB, a Swedish health technology company, has acquired an additional 46.22 bitcoins at an average price of 1,081,863 Swedish kronor, or about $113,000 per bitcoin, pushing its total holdings to 957.5 bitcoins, the firm announced Wednesday.
The purchase, valued at approximately $5.2 million, comes as bitcoin trades around $111,000, allowing H100 to buy at a slight premium to market rates while building its treasury amid volatile crypto conditions. The company’s bitcoin reserves are now worth roughly $106.4 million.
This latest acquisition follows a larger buy on Aug. 20, when H100 purchased 102 bitcoins at an average of 1,158,467 kronor, or about $121,000 each, bringing holdings at that time to 911.29 bitcoins. The lower price in the recent transaction indicates the firm is strategically timing purchases during market dips, a practice echoed in research on institutional cryptocurrency investment cycles.
H100 Group, founded in 2024 and listed on the Nordic Growth Market in Stockholm under tickers H100, GS9 and HOGPF, specializes in AI-driven digital infrastructure, automation and back-office support for health and longevity providers. The company aims to help people live healthier lives to age 100 and beyond by creating seamless ecosystems for service integration.
Positioning itself as Sweden’s first bitcoin treasury company, H100’s strategy aligns with a broader surge in institutional adoption of bitcoin as a reserve asset. For instance, asset management giant BlackRock held more than 700,000 bitcoins through its iShares Bitcoin Trust ETF as of early July.
By incorporating bitcoin into its balance sheet, H100 challenges the conventional wisdom that healthcare-related firms should avoid high-volatility investments, instead viewing the cryptocurrency as a hedge and growth accelerator for its tech-focused operations.
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