H100 Group Raises SEK 14.1 Million via New Share Issue to Back Crypto Reserve Strategy

Key Takeaways:H100 Group issues over 1.5 million new shares to institutional investorsSubscription price set at SEK 9.3 per shareTotal funds raised: approximately SEK 14.1 millionCapital to support BitPursue and crypto reserve strategySwedish-listed firm H100 Group has announced a successful private placement of 1,523,089 new shares to a select group of qualified investors, according to a report from ChainCatcher. Each share was offered at a subscription price of 9.3 Swedish kronor, bringing in approximately SEK 14.1 million in total funding.The capital raise is part of H100 Group's ongoing strategy to strengthen its digital asset portfolio. The company confirmed that the proceeds will be directed toward BitPursue and related investment opportunities under its currency reserve strategy, signaling a deeper commitment to blockchain-based asset management.