Adam Back Invests $1.5M in Swedish Firm Leading Bitcoin Treasury Shift

Cypherpunk legend and Blockstream CEO Adam Back, cited in Satoshi Nakamoto’s original whitepaper, has invested nearly $1.5 million in Swedish digital health company H100 Group. The investment helped close a $2.2 million convertible loan round, with the remaining $700,000 coming from other strategic investors.

Health Tech Embraces Bitcoin

On May 22, 2025, H100 announced the purchase of 4.39 BTC using its excess liquidity. The move came after a tough financial year in which the firm saw a 38% drop in revenue and reported a loss of 9.77 million SEK. Seeking new ways to ensure financial resilience, H100 turned to Bitcoin.

But according to CEO Sander Andersen, this decision goes beyond balance sheets:

“Bitcoin is not just a hedge—it’s a cultural and strategic fit.”

Bitcoin Treasury Moves Beyond Tech

Inspired by MicroStrategy’s Michael Saylor, companies outside the tech sector are now exploring Bitcoin treasury strategies. H100’s case marks a significant shift, bringing Bitcoin into digital healthcare, a field that values decentralization and transparency.

Currently, only 4.4% of Bitcoin’s total supply is held by corporations. But with thought leaders like Adam Back supporting the move, that number is likely to rise. Following the Bitcoin treasury announcement, H100’s stock rose 37%, followed by another 5.33% gain the next day.

What This Could Mean

Adam Back’s support might be the catalyst for wider Bitcoin adoption among European firms. H100 Group’s bold integration of digital health and Bitcoin values may serve as a blueprint for future mission-driven innovation in both finance and tech.