BlockBeats reports that on June 12, Swedish health tech company H100 Group AB announced on Wednesday that it had raised 101 million SEK (approximately $10.6 million) to accelerate the company's Bitcoin funding strategy, leading to a 45% surge in its stock price.
According to market data, H100 closed at 4.64 SEK (approximately $0.49) on the Nordic Growth Market stock exchange. Since announcing its Bitcoin reserve plan, the company's stock price has increased by 280%.
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