Swedish health technology innovator H100 Group AB has made history by becoming the first publicly listed Bitcoin treasury firm in Sweden. The Stockholm-based company, known for its AI-powered healthcare automation solutions, acquired 4.39 BTC worth approximately $475,000 as part of its long-term Bitcoin Treasury Strategy.
Strategic Acquisition
The acquisition, valued at 5 million NOK, represents a strategic allocation of excess liquidity to strengthen the company’s financial position. H100’s CEO, Sander Andersen, described this move as a “structural alignment with the future of money” and a strategy to protect the company’s balance sheet while compounding long-term value.
Long-term Bitcoin Strategy
“We’re not doing this as a short-term play,” Andersen emphasized. “It’s about building and holding Bitcoin as a savings technology and a resilient long-term asset.” The company plans to continue expanding its Bitcoin holdings in a responsible, long-term oriented manner, drawing inspiration from leading U.S. treasury companies.
Industry Context
H100’s move comes at a time when Swedish lawmakers are pushing for a Strategic Bitcoin Reserve. The company’s decision aligns with a growing trend among public companies adding Bitcoin to their balance sheets. Recent entrants include Twenty One Capital and Strive.
Addressing Volatility Concerns
Andersen acknowledged Bitcoin’s volatility but views it as part of the company’s liquidity, not core operational capital. “We’ve allocated a portion of our reserves to Bitcoin to align with the values and needs of the community we serve,” he explained. Despite this new venture, H100 remains focused on its core mission as a health infrastructure company specializing in preventive care.
Future Plans
The company has announced a Letter of Intent (LOI) for a convertible loan of up to 10M SEK to further accelerate its Bitcoin treasury strategy. This development positions H100 as a pioneer in the Nordics, potentially serving as a blueprint for other operational companies, particularly those serving sovereign individuals, to integrate Bitcoin into their treasury strategies.
