With bitcoin treasury companies bringing Wall Street into hype mode and new Saylor contenders launching weekly, what's a Bitcoiner supposed to do? At this, our fiat end times, mNAVs games and regulatory arbitrage are either a recipe for disaster or the blueprint for unbelievable wealth.
The SEK 49.5 million Bitcoin purchase comes as H100 raises SEK 516 million through share and convertible debenture issues to expand its Bitcoin focused treasury strategy.
H100 Group receives investment from Adam Back of SEK 21 million, with the option to expand his investment to SEK 277 million through a five-tranche convertible loan deal.