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

Today, H100 Group AB has made a significant announcement regarding its latest investment agreement. The company has secured a SEK 21 million convertible loan commitment from Adam Back, with the potential to increase his investment up to SEK 277 million through a five-tranche convertible loan deal. This funding will be utilized to purchase Bitcoin as part of H100 Group’s long-term Bitcoin treasury strategy.

Adam Back has shown strong support for H100 Group by committing to invest up to SEK 128 million across four additional tranches. Each tranche will be double the amount of his initial commitment, showcasing his confidence in the company’s growth prospects.

According to the terms of the agreement, Back can request the Second Tranche within 90 days of the Initial Tranche, followed by the Third, Fourth, and Fifth Tranches within subsequent 90-day periods. Failure to request a future tranche within the specified deadline will result in the lapse of the right to request further tranches.

The convertible loans offered to Back come with no interest and have a maturity period of five years. He has the option to convert the loans into shares of the company at any time, with fixed conversion prices per tranche ranging from SEK 1.75 to SEK 5.00. H100 Group also retains the right to enforce conversion if the stock price exceeds the conversion rate by 33% over a 20-day period, potentially leading to a 9.3% dilution if the initial tranche is fully converted.

In a statement released by H100 Group, it was highlighted that Adam Back is obligated to invest specific amounts in each tranche, with the size of each tranche being twice the entitled amount. This structured approach ensures a steady flow of investment into the company over the course of the agreement.

During the 2025 Bitcoin Conference, Adam Back emphasized the importance of incorporating Bitcoin into company balance sheets, stating, “Bitcoin is effectively the harder rate, making it challenging to outperform. Many investors have recognized the value of allocating their investments towards Bitcoin rather than other assets.”

Overall, the partnership between H100 Group AB and Adam Back signifies a strategic collaboration aimed at strengthening the company’s position in the market and enhancing its long-term growth prospects. The investment agreement reflects a shared vision for the future of digital assets and underscores the commitment to leveraging Bitcoin as a key component of H100 Group’s financial strategy.