Swedish listed company H100 Group plans to raise around $1.5 million to purchase more Bitcoin

According to an official announcement, Swedish listed company H100 Group announced that its board of directors has decided today to issue up to 1523089 new shares of the company to several qualified investors at a subscription price of 9.30 Swedish kronor per share, with an expected total fundraising of approximately 14.1 million Swedish kronor (approximately 1.5 million US dollars). The net proceeds will be used to seek investment opportunities within the company's Bitcoin reserve strategy framework.