每个国家都需要自己的比特币国库！在瑞典，H100小组开始成为这样。

H100总部位于斯德哥尔摩，并以瑞典NGM交易所进行交易，声称“以AI驱动的自动化为卫生和寿命部门的支持提供者。”

Every country needs its own Bitcoin treasury. In Sweden, H100 Group is setting out to become just that. The healthcare company initially purchased 4.39 bitcoin and has now raised nearly two million euros through convertible bonds to accumulate even more. Among the investors is a prominent Bitcoiner, who has even been suspected of being Satoshi.

每个国家都需要自己的比特币国库。在瑞典，H100集团正准备成为这样。这家医疗保健公司最初购买了4.39个比特币，现在通过可转换债券筹集了将近200万欧元，以增加更多。投资者中有一位著名的比特币，甚至被怀疑是Satoshi。

H100, based in Stockholm and traded on the Swedish NGM Exchange, claims to “support providers in the health and longevity sector with AI-driven automation.” The company operates in the B2B space, apparently offering software and technology solutions for healthcare enterprises, although its specific product is not easy to pinpoint.

H100总部位于斯德哥尔摩，并以瑞典NGM交易所进行交易，声称“以AI驱动的自动化为支持卫生和寿命领域的提供者。”该公司在B2B空间中运营，显然为医疗保健企业提供了软件和技术解决方案，尽管其特定产品并不容易查明。

On May 22, H100 announced the purchase of 4.39 bitcoin for five million Norwegian kroner—around 435,000 euros—“as part of a long-term Bitcoin treasury strategy.” The core business will remain unaffected, but the investment represents a “strategic deployment of surplus capital.” With this move, H100 becomes “the first publicly traded healthcare infrastructure company in Europe” to accumulate bitcoins. Why the firm, which is headquartered and listed in Sweden, chose to invest in Norwegian currency remains a mystery.

5月22日，H100宣布购买4.39个比特币，用于500万个挪威Kroner（435,000欧元），“作为长期比特币国库策略的一部分。”核心业务将不受影响，但投资代表了“盈余资本的战略部署”。通过此举，H100成为“欧洲第一家公开交易的医疗基础设施公司”来积累比特币。为什么总部位于瑞典列出的公司选择投资挪威货币仍然是个谜。

But this purchase was just the beginning. Only a day later, H100 announced its intention to raise up to 10 million Swedish kronor through convertible bonds, to be used for “general corporate purposes and further expansion of the Bitcoin treasury.” In this way, H100 is emulating the strategy of (formerly: MicroStrategy), which has been acquiring more and more bitcoins by issuing large amounts of convertible bonds. This strategy has already become a model imitated in Japan by MetaPlanet and in France by the Blockchain Group.

但是这次购买仅仅是开始。仅仅一天后，H100宣布打算通过可转换债券提高多达1000万个瑞典Kronor，用于“一般公司目的并进一步扩大比特币财政部”。这样，H100正在模仿（以前是：MicroStrategy）的策略，该策略通过发行大量可转换债券来获取越来越多的比特币。该策略已经成为Metaplanet和法国模仿区块链组在日本模仿的模型。

Demand for the convertible bond far exceeded expectations at H100. On May 25, the company reported that it had raised a total of 21 million Swedish kronor, nearly two million euros. The investment round was led by none other than Adam Back, the inventor of Bitcoin’s mining algorithm (he created Hashcash), who has long been suspected of being Satoshi and has profoundly influenced Bitcoin’s development through his company Blockstream. Adam Back alone contributed 13.5 million SEK—and apparently made one stipulation:

对可转换债券的需求远远超出了H100的预期。 5月25日，该公司报告说，它总共筹集了2100万瑞典Kronor，将近200万欧元。投资回合由比特币采矿算法的发明者亚当（Adam Back）领导，他长期以来一直怀疑他是Satoshi，并通过他的公司BlockStream对比特币的发展产生了深远的影响。亚当仅贡献了1,350万SEK，显然提出了一项规定：

“As suggested and agreed upon by investors, the proceeds will be used to purchase bitcoins in line with H100’s long-term Bitcoin strategy.” This strengthened balance sheet will also “support the company’s vision to build the digital infrastructure for healthcare providers.”

“正如投资者建议和同意的那样，收益将用于根据H100的长期比特币战略购买比特币。”这项加强的资产负债表还将“支持公司为医疗保健提供者建立数字基础设施的愿景。”

The convertible bonds run until June 15, 2028, and can be converted into H100 shares at any time before then. The shares have been publicly traded since 2019 and, contrary to many other companies who add bitcoin to their treasuries to boost their stock price, have developed relatively steadily. After hitting a low of 0.5 SEK at the end of 2023, they recovered to over one SEK. While this is modest compared to the all-time high of three SEK reached in 2021, it is by no means a dramatic loss.

可转换债券一直持续到2028年6月15日，并且可以在此之前的任何时间转换为H100股票。自2019年以来，这些股票已公开交易，与许多其他公司相反，这些公司在国库中增加了比特币以提高其股价，并且相对稳步发展。在2023年底达到0.5 sek的低点后，他们恢复到超过一个SEK。尽管这与2021年达到三分之二的历史高度相比，这是适度的，但绝不是巨大的损失。

H100’s share price on ngm.se since 2019.

自2019年以来，H100在NGM.SE的股价。

According to the latest financial report, the company’s revenue in the second quarter of 2024 climbed to just under 1.7 million SEK, compared with a loss of 921,098 SEK; both represent considerable improvement over the previous year. With equity of 24.8 million SEK, the loss is unlikely to jeopardize H100’s existence. But the company only possesses surplus capital to invest in bitcoin by borrowing it.

根据最新的财务报告，该公司在2024年第二季度的收入攀升至170万SEK，而损失了921,098 SEK；两者都代表了上一年的显着改善。股权为2480万SEK，损失不太可能危害H100的存在。但是，该公司仅拥有盈余资本来通过借贷来投资比特币。