H100 Secures Second Spot in European Crypto Reserves with $63M BTC Acquisition

H100, a European company, has made significant strides in its crypto reserves after acquiring 2,455 BTC as part of a share-based transaction.

This move has catapulted H100 to the second spot in Europe in terms of total Bitcoin holdings, with its balance now standing at 3,506 BTC.

The company issued 790.5 million new shares in exchange for the acquisition, without resulting in any cash outflows.

With this purchase, H100 has more than tripled its corporate Bitcoin reserves focused on BTC.