European Company H100 Joins Ranks of Major BTC Holders

A European company called H100 has solidified its position as one of the major players in the Bitcoin market. The company recently completed the acquisition of NSD AS, a Bitcoin holding company with significant holdings.

The acquisition has catapulted H100 to become the second-largest Bitcoin treasury on the continent, with a total of 3,506.4 BTC under its ownership.

This move reflects growing institutional interest in Bitcoin despite recent price volatility and technical indicators suggesting that a cycle bottom is near or already in place.

Meanwhile, data from Santiment reveals that whales have added an impressive 30,000 tokens to their holdings in the first 10 days of August, further fueling optimism about BTC's prospects.