H100 Group Becomes One of the Largest Public Bitcoin Treasuries with European Acquisitions

H100 Group AB has acquired two European companies, The Smarter Web Company PLC and Capital B, to form one of the largest public Bitcoin treasuries in the world.

The combined entity holds over 6,900 BTC, worth more than $700 million at current prices. This is a significant development in the corporate Bitcoin treasury market, which has been dominated by North American companies.

H100 Group's strategy of acquiring existing Bitcoin treasuries rather than buying on the open market sets it apart from other players in this space. Capital B had previously set an ambitious target to acquire 1% of Bitcoin's total supply by 2033, a goal that now seems more achievable with its combined holdings.