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H100's Bitcoin Holdings Soar to 3,506 BTC with European Market Lead

Guavy AI Editorial Team
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BTC
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H100 Group's acquisition of Norway-based Bitcoin businesses has significantly expanded its Bitcoin holdings to 3,506 BTC.

The transaction involved no cash outflow and instead offered 790.5 million new shares to the selling party at a price of 1.86 Swedish krona ($0.20) per share.

The deal was completed through a 'Bitcoin-for-Bitcoin' arrangement, where the number of shares allotted depended on the selling party's share in the total Bitcoin held by H100 and the acquired firms.

H100 now holds the second-largest Bitcoin treasury in Europe, behind only Germany's Bitcoin Group SE with 3,605 BTC.

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