H100 Triples Bitcoin Holdings with NSD AS Acquisition

H100 Group has completed its acquisition of NSD AS, adding 2,455.37 Bitcoin to its treasury and increasing its total holdings to 3,506.4 BTC.

The transaction was valued using a July 31 reference price of SEK 598,926.69, or approximately $62,900 per BTC. At the current price near $65,158, H100's enlarged treasury is worth roughly $228.5 million.

This deal represents the largest M&A transaction in Europe's public Bitcoin equity sector and 'the first in the world done Bitcoin for Bitcoin,' according to the company. The acquisition also brings Moonshot and PDI into H100's corporate structure, adding technology and market capabilities that complement its existing operations.