BREAKING
251d 1h ago

Swedish Healthcare Firm H100 Group Secures $2.1M Convertible Loan from Adam Back to Boost Bitcoin Holdings

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Swedish healthcare firm H100 Group has successfully obtained a $2.1 million convertible loan from renowned cryptographer Adam Back, with an option to increase funding by an additional $12.8 million. This strategic capital injection is earmarked for expanding the company’s Bitcoin holdings, reflecting a growing trend of institutional adoption within the healthcare sector. The convertible nature of the loan provides flexibility, allowing conversion into equity under predefined conditions, which aligns investor interests with the company’s long-term growth. This move underscores the increasing integration of cryptocurrency assets into corporate balance sheets, signaling confidence in Bitcoin’s role as a store of value amid volatile markets. Market participants should monitor H100 Group’s asset accumulation as a potential indicator of broader institutional engagement in digital currencies.

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