H100 Group AB, a Swedish listed company, has announced a new investment agreement with Bitcoin pioneer Adam Back to raise up to 750 million Swedish kronor (approximately $70.4 million) through convertible loans. This funding will support H100's Bitcoin asset allocation strategy. Adam Back will invest 150 million Swedish kronor in the sixth round of financing, with subsequent rounds potentially reaching 75 million Swedish kronor each. The conversion price for the sixth round is set at 6.38 Swedish kronor per share, a 33% premium over the June 13 closing price. The H100 board emphasized that the conversion pricing aligns with market conditions and that this financing structure allows for rapid capital acquisition and the introduction of strategic investors. This approach aims to support the company's long-term Bitcoin reserve strategy while avoiding the complexities and costs associated with traditional rights issue financing.