CoinShares International has emerged as one of the standout performers in the financial markets this year, with its stock delivering exceptional returns. The digital asset investment firm has seen its shares surge 83% year-to-date and an astonishing 230% over the past 12 months. This remarkable performance is drawing increased investor attention to the company’s underlying business drivers and positioning the Swedish-based firm as a leader in the cryptocurrency investment space.
about CoinShares Stock Soars 83% YTD, Up 230% in 1 YearSwedish Krona
0 posts last weekSwedish MPs Propose Bitcoin Reserve to Fight Inflation
Two Swedish Democrat MPs have proposed creating a national Bitcoin reserve to combat inflation and diversify the country’s holdings. The proposal also seeks to prevent legislative changes that could enable a central bank digital currency. This move positions Sweden to join what lawmakers call a ‘digital arms race’ among nations.
about Swedish MPs Propose Bitcoin Reserve to Fight InflationK33 Raises $8.9M to Buy 1,000 Bitcoin for Treasury
Norwegian crypto firm K33 announced plans to raise at least 85 million Swedish krona ($8.9 million) via a share issue to fund the purchase of up to 1,000 Bitcoin for its company reserves. Pareto Securities has been appointed to manage the share issue, with a subscription price of $0.011 per share, aiming to issue at least 820 million shares. This follows K33’s earlier move in May to secure financing for acquiring 57 Bitcoin, signaling a strategic shift toward holding Bitcoin on its balance sheet as a treasury asset.
about K33 Raises $8.9M to Buy 1,000 Bitcoin for TreasuryH100 Group Shares Soar 45% After $10.6M Bitcoin Raise
H100 Group AB, a Swedish health tech company, experienced a 45% surge in its stock price following the announcement of a $10.6 million capital raise to bolster its Bitcoin treasury strategy. The firm’s shares closed at 4.64 krona ($0.49) on the Nordic Growth Market, marking a 280% increase since it first revealed its Bitcoin investment plans on May 22. The latest funding round, nearly five times larger than its previous $2.2 million raise led by Bitcoin cypherpunk Adam Back, underscores the company’s aggressive push into cryptocurrency as part of its financial strategy.
about H100 Group Shares Soar 45% After $10.6M Bitcoin RaiseK33 Plans Bitcoin Treasury Strategy with $6.2M Funding
K33, a Norwegian crypto brokerage, has secured 60 million Swedish krona ($6.2 million) through convertible loans and share issuances to fund its Bitcoin Treasury Strategy. The firm intends to use the capital to acquire Bitcoin, potentially adding up to 57 BTC to its holdings. CEO Bull Jenssen highlighted plans to leverage these holdings for new services, including BTC-backed lending, positioning K33 among public companies actively accumulating Bitcoin as a treasury asset.
about K33 Plans Bitcoin Treasury Strategy with $6.2M FundingK33 Invests $6.2M in Bitcoin as Treasury Strategy Gains Traction
K33, a Norwegian crypto brokerage and research firm, has entered an agreement to purchase $6.2 million worth of Bitcoin, reinforcing the trend of companies holding BTC as part of their treasury strategies. CEO Torbjørn Bull Jenssen emphasized Bitcoin’s role in the global financial system and its strategic value for K33. The announcement follows similar moves by firms like MicroStrategy, which now holds over 580,000 BTC, and the formation of Twenty One, a new Bitcoin treasury company planning to acquire $4.5 billion in BTC via a Nasdaq SPAC merger.
about K33 Invests $6.2M in Bitcoin as Treasury Strategy Gains TractionAdam Back Funds $2.2M Bitcoin Buy for Swedish Health Tech Firm
Bitcoin pioneer Adam Back has spearheaded a $2.2 million funding round for Sweden’s H100 AB Group, enabling the health tech company to purchase Bitcoin. The funding, structured as 0% interest convertible loans, follows H100’s recent announcement of its Bitcoin acquisition strategy. Back contributed $1.4 million personally, with the remainder coming from investment firms including Alundo Invest and Crafoord Capital Partners. This move highlights the increasing trend of corporations diversifying into cryptocurrency holdings.
about Adam Back Funds $2.2M Bitcoin Buy for Swedish Health Tech FirmH100 Soars 37% on Bitcoin Treasury Plan, Jiuzi to Buy 1K BTC
H100 Group AB, a Swedish health tech company, saw its shares jump 37% after disclosing its first Bitcoin purchase as part of a new treasury strategy. The firm acquired 4.39 BTC for 5 million Norwegian krone ($490,830), averaging $111,785 per Bitcoin. Meanwhile, China’s Jiuzi Holdings announced plans to accumulate 1,000 BTC over the next year. H100’s stock closed at 1.22 Swedish krona ($0.13) following the news, reflecting strong market enthusiasm for corporate Bitcoin adoption. These developments underscore the increasing trend of companies diversifying into cryptocurrency as part of their financial strategies.
about H100 Soars 37% on Bitcoin Treasury Plan, Jiuzi to Buy 1K BTCStarbreeze Reports Declining Sales Yet Considers Year a Success
Starbreeze reported a significant decline in net sales for 2024, totaling SEK 185.9 million, down 70% from SEK 633.5 million in 2023, primarily driven by the Payday franchise. Despite this, acting CEO Mats Jun described the year as successful, highlighting ongoing support for Payday 3 and partnerships aimed at expanding its player base. The game generated SEK 82.9 million in 2024, a sharp drop from SEK 477 million in its launch year.
about Starbreeze Reports Declining Sales Yet Considers Year a SuccessSwitzerland’s Significant Funding to BBC Media Action and Global Aid Contributions
The Federal Department of Foreign Affairs (FDFA) has become a major funder of BBC Media Action, contributing over 2 million pounds to support impartial media initiatives in regions like Cambodia and Tanzania. This funding surpasses contributions from the EU, UNICEF, and Canada, positioning Switzerland as a key player in international development aid. The SDC emphasizes that its support is directed towards media training and local radio initiatives, not the BBC itself.
about Switzerland's Significant Funding to BBC Media Action and Global Aid Contributions