European Bitcoin Treasury H100 Aims to Triple BTC Stash by Acquiring Two Firms

Sweden's H100 Group has signed a missive of intent to get 2 Norwegian Bitcoin treasury companies successful an all-stock transaction that would much than triple its holdings to astir 3,500 BTC—currently valued astir $245 million—positioning the steadfast among Europe's largest nationalist Bitcoin treasuries.

The institution announced that it signed a missive of intent to get Moonshot AS and Never Say Die AS done a share-based woody that would adhd astir 2,450 Bitcoin to its existent reserve of 1,051 BTC. The transaction involves H100 issuing caller shares successful speech for each shares of the Norwegian companies, with nary currency component.

The acquisition would elevate H100 to 27th globally among nationalist Bitcoin treasury companies, arsenic of today, based connected information from Bitcoin Treasuries, making it Europe's second-largest listed Bitcoin treasury firm. That would enactment it conscionable down Germany’s Bitcoin Group SE with 3,605 BTC.

H100 framed the consolidation arsenic portion of its strategy to heighten organization presence, boost liquidity, and grow marketplace relevance successful the European crypto market. The all-share operation allows existing shareholders to support bitcoin vulnerability portion scaling the combined entity's holdings.

“We spot beardown concern logic successful this acquisition. Scale, credibility and entree to superior markets are progressively important successful the Bitcoin space, and this transaction would importantly fortify H100 successful each these areas,” said Chairman Sander Andersen, successful a statement. “The transaction represents a continuation of H100’s existing strategy and an execution of the company’s superior markets and M&A strategy to physique standard done Bitcoin-based transactions.”

H100 and the people companies anticipation to motion definitive agreements earlier April 22, and implicit the woody up of the company’s adjacent yearly wide gathering connected May 21.

Strategy Unveils $44 Billion Plan to Buy More Bitcoin, Driven By MSTR and STRC Shares

H100 began its Bitcoin treasury successful May 2025. A question of Bitcoin treasury companies emerged past twelvemonth arsenic the terms of the starring cryptocurrency surged to caller heights, peaking successful October conscionable supra $126,000. It has since fallen sharply, precocious trading conscionable supra $70,000.

Strategy (formerly MicroStrategy), which pioneered the treasury exemplary and began buying BTC backmost successful 2020, remains the largest publically traded Bitcoin holder by far, with 762,099 BTC—over $53 cardinal worthy of the cryptocurrency. On Monday, the steadfast revealed plans to raise a further $44 billion to proceed buying Bitcoin.