Close Menu
Global News HQ
    What's Hot

    Four Seasons Hotel Seoul review – The Points Guy

    June 7, 2025

    The Verge’s 2025 Father’s Day gift guide

    June 7, 2025

    More Colorado Workplaces Are Becoming Safe Spaces for Employees in Recovery

    June 7, 2025
    Recent Posts
    • Four Seasons Hotel Seoul review – The Points Guy
    • The Verge’s 2025 Father’s Day gift guide
    • More Colorado Workplaces Are Becoming Safe Spaces for Employees in Recovery
    • RxSight Stock: Valuation Blowout Creates Opportunity (NASDAQ:RXST)
    • Brokerage prez steps down, Brookfield makes a deal
    Facebook X (Twitter) Instagram YouTube TikTok
    Trending
    • Four Seasons Hotel Seoul review – The Points Guy
    • The Verge’s 2025 Father’s Day gift guide
    • More Colorado Workplaces Are Becoming Safe Spaces for Employees in Recovery
    • RxSight Stock: Valuation Blowout Creates Opportunity (NASDAQ:RXST)
    • Brokerage prez steps down, Brookfield makes a deal
    • Want Buffett-Style Returns From Artificial Intelligence (AI)? These 2 Stocks Might Deliver. | The Motley Fool
    • The 46 Best Shows on Netflix Right Now
    • Weekly Horoscope For June 9-15, 2025, From The AstroTwins
    Global News HQ
    • Technology & Gadgets
    • Travel & Tourism (Luxury)
    • Health & Wellness (Specialized)
    • Home Improvement & Remodeling
    • Luxury Goods & Services
    • Home
    • Finance & Investment
    • Insurance
    • Legal
    • Real Estate
    • More
      • Cryptocurrency & Blockchain
      • E-commerce & Retail
      • Business & Entrepreneurship
      • Automotive (Car Deals & Maintenance)
    Global News HQ
    Home - Cryptocurrency & Blockchain - Adam Back Invests SEK 21 Million To H100 Group Bitcoin Treasury Strategy
    Cryptocurrency & Blockchain

    Adam Back Invests SEK 21 Million To H100 Group Bitcoin Treasury Strategy

    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Adam Back Invests SEK 21 Million To H100 Group Bitcoin Treasury Strategy
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Today, H100 Group AB announced it has entered a SEK 21 million convertible loan from an investment agreement with Adam Back, with the option to expand his investment to SEK 277 million through a five-tranche convertible loan deal. The proceeds will be used to buy Bitcoin in alignment with H100 Group’s long-term Bitcoin treasury strategy.

    H100 Group AB (Ticker: H100) secures a SEK 21M ($2.1M) commitment from @adam3us , with rights to invest an additional SEK 128M ($12.8M) in tranches—bringing the total contemplated raise to SEK 277M (~$27.7M). pic.twitter.com/c0HgMSRxut

    — H100 (@H100Group) June 3, 2025

    Under the agreement, Back may invest up to SEK 128 million across four additional tranches, with guaranteed participation of at least 50%. Each tranche is twice his committed amount, demonstrating his support for H100’s long-term growth.

    The press release said, “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 five year maturity. At any time, Back may convert the loans into shares of the Company. Conversion prices are fixed per tranche: SEK 1.75 per share for the initial tranche, rising to SEK 5.00 by the fifth tranche. H100 retains the right to force conversion if the stock price exceeds the conversion rate by 33% over a 20 day period. Full conversion of the initial tranche would result in 12 million 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,” stated the press 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,” said 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.”





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleThis Caribbean Island Is Famous For Beautiful Beaches and All-inclusive Resorts—and It’s the Birthplace of Reggae and Jerk Cooking
    Next Article Exercise May Dramatically Reduce Colon Cancer Recurrence Risk, Study Finds

    Related Posts

    Spot Ether ETFs 15-day inflow streak accumulates $837.5M inflows

    June 7, 2025

    Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale

    June 7, 2025

    Crypto Advocacy Groups Urge Dismissal of Case Against Bitcoin Mixer Samourai – Decrypt

    June 7, 2025

    Bitcoin 2025 Las Vegas: Here’s What Went Down

    June 7, 2025
    Leave A Reply Cancel Reply

    ads
    Don't Miss
    Travel & Tourism (Luxury)
    10 Mins Read

    Four Seasons Hotel Seoul review – The Points Guy

    Editor’s note: Four Seasons provided TPG with a complimentary two-night stay so that we could…

    The Verge’s 2025 Father’s Day gift guide

    June 7, 2025

    More Colorado Workplaces Are Becoming Safe Spaces for Employees in Recovery

    June 7, 2025

    RxSight Stock: Valuation Blowout Creates Opportunity (NASDAQ:RXST)

    June 7, 2025
    Top
    Travel & Tourism (Luxury)
    10 Mins Read

    Four Seasons Hotel Seoul review – The Points Guy

    Editor’s note: Four Seasons provided TPG with a complimentary two-night stay so that we could…

    The Verge’s 2025 Father’s Day gift guide

    June 7, 2025

    More Colorado Workplaces Are Becoming Safe Spaces for Employees in Recovery

    June 7, 2025
    Our Picks
    Travel & Tourism (Luxury)
    10 Mins Read

    Four Seasons Hotel Seoul review – The Points Guy

    Editor’s note: Four Seasons provided TPG with a complimentary two-night stay so that we could…

    Technology & Gadgets
    1 Min Read

    The Verge’s 2025 Father’s Day gift guide

    Father’s Day rules. It’s a day to celebrate all that dads have contributed to the…

    Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Homepage
    • Privacy Policy
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    © 2025 Global News HQ .

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version