Crypto
H100 Doubles Down on Bitcoin, Completing Record Acquisition
H100 Group AB has completed its acquisition of NSD AS, increasing its Bitcoin holdings to 3,506.4. This deal marks the largest M&A transaction in the European Public Bitcoin Equity sector and the world's first Bitcoin-for-Bitcoin M&A transaction in public markets.
The transaction was completed on a 1:1 Bitcoin-for-Bitcoin basis with no cash consideration. H100 acquired 2,455.37 Bitcoin, tripling its total Bitcoin holdings.
Sander Andersen, Executive Chairman of H100, comments: 'This is the cleanest expression of what we believe: Bitcoin per share is the metric that matters.'