Sweden's H100 Group, the country's first publicly listed company to launch a Bitcoin strategy.

## The country's first Bitcoin strategy by a listed company

Swedish listed company H100 Group AB has invested 5 million Norwegian kroner (equivalent to 500,000 USD) to purchase 4.39 Bitcoin (BTC), initiating the country's first cryptocurrency reserve strategy by a publicly traded company. The company is primarily engaged in providing medical technology solutions and has decided to invest in Bitcoin as a strategic use of surplus funds.

CEO Thunder Andersen stated in a statement, "There is an increasing trend of tech growth companies holding cryptocurrency on their balance sheets, and a diversified reserve portfolio is beneficial for corporate profits compared to just cash." The company has become the first listed medical infrastructure company in Europe to adopt cryptocurrency as a reserve asset.

This movement coincided with the time when Swedish lawmakers were urging the government to establish a Bitcoin strategic reserve fund. In April, multiple members of parliament, including Dennis Diokarev, sent a letter to the Finance Minister requesting consideration of holding a virtual currency reserve.

As national-level cryptocurrency reserves advance in countries like the United States, Sweden's H100 initiative is likely to attract attention as a pioneering example by a private company.