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H100 Group Expands Bitcoin Treasury to 3,506.4 BTC in Groundbreaking M&A Deal

Guavy AI Editorial Team
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H100 Group AB has completed its acquisition of Norwegian holding company NSD AS, significantly expanding its Bitcoin treasury to 3,506.4 BTC.

This deal marks the first Bitcoin-for-bitcoin M&A transaction in public markets and represents a major milestone for H100 Group.

The acquisition added 2,455.37 BTC to H100's prior stake of about 1,051 BTC, with no cash changing hands as part of the deal.

H100 issued seller promissory notes worth approximately SEK 1,470.4 million, which were then set off against new shares instead of paying cash.

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