H100 Group Becomes Sweden’s First Publicly Listed Bitcoin Treasury Firm

Author

Sujha Sundararajan

Author

Sujha Sundararajan

About Author

Sujha has been recognised as 🟣 Women In Crypto 2024 🟣 by BeInCrypto for her leadership in crypto journalism.

Author Profile

Share

Copied

Last updated: 

May 23, 2025

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Swedish health technology innovator H100 Group AB announced Thursday that it has acquired 4.39 BTC, becoming the first publicly listed Bitcoin treasury firm in the nation.

“This marks the beginning of a long-term strategy to align our balance sheet with the values of sovereignty, resilience, and digital-first innovation,” the company wrote in a post on X.

The Stockholm-based company, renowned for its AI-powered healthcare automation solutions, bought Bitcoin worth 5 million NOK (about $475,000) as part of its “long-term” Bitcoin Treasury Strategy.

The company has strategically allocated excess liquidity to strengthen its financial position, an official release noted.

“By adopting Bitcoin as a reserve asset, H100 becomes one of the first public health infrastructure companies in Europe to do so.”

H100 Plans to keep Stacking BTC

H100 CEO Sander Andersen told Cryptonews over email that the acquisition “isn’t a short-term play.”

“It’s a structural alignment with the future of money, and a strategy to protect our balance sheet while compounding long-term value.”

He further said that H100’s strategy is to “build and hold,” adding that Bitcoin is not a trade, but rather a savings technology and a resilient long-term asset to hold.

“We announced an LOI for a convertible loan of up to 10M SEK to further accelerate our Bitcoin treasury strategy.”

H100 Group has joined a growing list of public companies adding Bitcoin to their balance sheets in 2025. Some of the recent entrants include Twenty One Capital and Strive, among others.

“We’re inspired by leading U.S. treasury companies and will continue looking for strategic opportunities to expand our Bitcoin holdings in a responsible and long-term oriented way,” Andersen added.

Institutional Crypto Adoption is ‘Accelerating’: CEO

The CEO highlighted that investors are increasingly expecting balance sheets to reflect the future in a long term.

“H100 is proud to be an early mover in the Nordics, aligning our capital structure with the values we stand for,” he told Cryptonews. “We want to be a blueprint for how operational companies — especially those serving the sovereign individual — can integrate Bitcoin into their treasury and strategy.”

H100’s Bitcoin debut comes at a time when Swedish lawmakers are pushing the government to build a Strategic Bitcoin Reserve.

Last month, representatives from the Member of Parliament suggested that Sweden should begin accumulating Bitcoin through direct policy or a budget-neutral method. They submitted a letter to the country’s finance minister to seriously consider adding Bitcoin to Sweden’s national financial strategy.

Addressing BTC Volatility When Considering as Treasury Asset

CEO Andersen called Bitcoin the best-performing asset over the past decade, adding that more people are beginning to understand it.

“We view Bitcoin as part of our liquidity — not as our core operational capital. H100 remains a health infrastructure company focused on preventive care,” he said. “But by allocating a portion of our reserves to Bitcoin, we’re aligning with the values and needs of the community we serve.”