H100 Group Posts Q2 Loss Amid Bitcoin Price Drop
H100 Group reported a pre-tax loss of $10.3 million in Q2 2026 due to a non-cash write-down linked to Bitcoin's price decline.
The company increased its Bitcoin holdings to 3,506 BTC after acquiring two Norwegian Bitcoin firms, making it Europe's second-largest listed Bitcoin treasury company.
Despite the loss, H100 Group's operating income rose slightly to SEK 6.1 million in the first half of 2026.
The company's stock has fallen about 24% in 2026 amid broader cryptocurrency market pressures, but it continues to expand its treasury through share-based acquisitions rather than cash purchases.