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H100 Group signs strategic acquisition agreement, expected Bitcoin holdings to increase to approximately 3,500 coins.

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PANews
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3 hours ago
AI summarizes in 5 seconds.

PANews April 23 news, according to official news, Swedish listed company H100 Group announced that it has signed a binding share purchase agreement to acquire Moonshot AS and Never Say Die AS, increasing its Bitcoin holdings to approximately 3,500 coins through a swap, with the specific amount determined based on the total Bitcoin held by both parties as of July 31, 2026, according to the Bitcoin to Bitcoin principle. After the transaction is completed, H100 expects to become one of the leading listed Bitcoin fund companies in Europe, with debt supported by a Bitcoin base expanded more than three times, reducing balance sheet leverage. Existing H100 shareholders are expected to hold about 30%, while the target company shareholders will hold about 70%. H100's capital market platform will complement the investment and technological capabilities of the target company. The delivery is expected to be completed in August 2026.

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