Swedish publicly listed company H100 Group has completed a ~$54 million financing round, with the funds set to be used for further Bitcoin investments.

On July 9th, Swedish listed company H100 Group officially revealed on social media that the company has raised an additional 516 million Swedish Krona (approximately $54 million) through executing the sixth and seventh rounds of funding. The funds will be used for investment opportunities within the company's Bitcoin reserve strategic framework. These two rounds of funding were initially announced on June 16th. To date, H100 Group's total raised funds have increased to 921 million Swedish Krona ($96 million). [BlockBeats News]