H100 Doubles Down on Bitcoin with Record-Breaking Acquisition
H100 Group has completed its acquisition of NSD AS, significantly expanding its Bitcoin holdings. The company acquired 2,455.37 Bitcoin as part of the deal, bringing its total treasury to 3,506.4 BTC.
The transaction was valued at a reference price of SEK 598,926.69 ($62,900 per BTC), and H100 issued new shares to the sellers instead of making a cash payment.
At current market prices, H100's enlarged treasury is worth approximately $228.5 million.