News

Jinse Finance reported that Swedish Bitcoin treasury company H100 Group announced that its board of directors has approved the issuance of up to 1,792,114 new company shares at a subscription price of 5.58 Swedish kronor per share, aiming to raise 10 million Swedish kronor through a private placement. The investor is TOBAM Bitcoin Alpha Fund. The new funds will enable the company to seek investment opportunities within its Bitcoin capital strategy framework while maintaining a flexible and balanced capital structure.

ChainCatcher reported that, according to market sources, former Symbolic Capital partner Sam Lehman has joined Pantera Capital as a junior partner. Lehman stated that Pantera brought him on board because of his expertise in investing at the intersection of crypto and artificial intelligence. Pantera Capital recruited Lehman shortly after completing the first round of fundraising for Pantera Fund V, which has a target fundraising size of $1 billion. Cosmo Jiang, Pantera's general partner and portfolio manager, previously hinted that a significant portion of the new fund would be allocated to investments in the crypto-artificial intelligence sector. Lehman will become Pantera's fourth junior partner. The firm also has two managing partners, two general partners, and two partners. Lehman mentioned that one reason he was attracted to Pantera was the opportunity to "accompany the company throughout its entire development journey, not just in the early stages." He also said that his decision was influenced by the team he would be working with.