Bitcoin Magazine
Adam Back Invests SEK 21 Million to H100 Group Bitcoin Treasury Strategy
Today, H100 Group AB revealed it has actually gotten in a SEK 21 million convertible loan from a financial investment arrangement with Adam Back, with the choice to broaden his financial investment to SEK 277 million through a five-tranche convertible loan offer. The earnings will be utilized to buy Bitcoin in positioning with H100 Group’s long-lasting Bitcoin treasury strategy.
H100 Group AB (Ticker: H100) protects a SEK 21M ($2.1M) dedication from @adam3us , with rights to invest an extra SEK 128M ($12.8M) in tranches—bringing the overall contemplated raise to SEK 277M (~$27.7M). pic.twitter.com/c0HgMSRxut
— H100 (@H100Group) June 3, 2025
Under the arrangement, Back might invest up to SEK 128 million throughout 4 extra tranches, with ensured involvement of a minimum of 50%. Each tranche is two times his dedicated quantity, showing his assistance for H100’s long-lasting development.
The news release stated, “Adam Back may request the Second Tranche within 90 days from signing of the Initial Tranche, the Third Tranche within 90 days from signing of the Second Tranche, the Fourth Tranche within 90 days from signing of the Third Tranche and the Fifth Tranche within ninety 90 days from signing of the Fourth Tranche. In the event Adam Back does not request a Future Tranche within the deadline, the right to request subsequent Future Tranches lapses.”
The convertible loans have no interest and have a 5 year maturity. At whenever, Back might transform the loans into shares of the Company. Conversion rates are repaired per tranche: SEK 1.75 per share for the preliminary tranche, increasing to SEK 5.00 by the 5th tranche. H100 maintains the right to force conversion if the stock cost goes beyond the conversion rate by 33% over a 20 day duration. Full conversion of the preliminary tranche would lead to 12 million brand-new shares and a 9.3% dilution.
“Upon request of a tranche Adam Back is obliged to invest in the relevant Tranche with SEK 15,750,000 in the second tranche, SEK 23,625,000 in the third tranche, SEK 35,437,500 in the fourth tranche, and SEK 53,156,250 in the fifth tranche,” mentioned journalism release. “The contemplated size for each tranche is twice the entitled amount of Adam Back.”
“We have been around since 2014 and we work with our investors to put Bitcoin in a balance sheet back then and since then,” stated Adam Back at the 2025 Bitcoin Conference. “I think the way to look at the treasury companies is that Bitcoin is effectively the harder rate. It’s very hard to outperform Bitcoin most people that invest in things since Bitcoin around thought I should put that in Bitcoin and not in the other thing.”
This post Adam Back Invests SEK 21 Million to H100 Group Bitcoin Treasury Strategy initially appeared on Bitcoin Magazine and is composed by Oscar Zarraga Perez.
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