PANews reported on June 11 that according to CoinDesk, Swedish health and longevity company H100 Group announced the completion of $10.5 million (about 101 million Swedish kronor) in financing, which will be used to expand its Bitcoin reserve strategy. Investors include Blockstream CEO Adam Back, UTXO Management and several family offices. The financing is divided into 69.65 million kronor share issuance and 31.35 million kronor interest-free convertible bonds, which can be converted into stocks at 1.75 kronor per share. Since the first purchase of Bitcoin on May 22, H100's stock price has risen by nearly 400%.