Sweden’s H100 reported a $26 million loss for the first half of the year, as it completed its acquisitions to become Europe’s second-largest Bitcoin treasury by holdings. Sweden-listed health-tech and Bitcoin treasury company H100 Group reported a pre-tax loss of 98 million Swedish kronor ($10.3 million) for the second quarter and a loss of 253 million kronor for the first half of 2026. H100 also reported 3 million kronor in operating income, flat with Q2 2025, and 6.1 million kronor for H1 2026, up from 5.8 million kronor for H1 2025, according to its interim report published on Wednesday. Nearly all of the Q2 loss was a non-cash write-down attributed to Bitcoin’s (BTC) price decline during the period, the company said in a Wednesday X post. Read more
Sweden’s H100 more than tripled its Bitcoin holdings to 3,506 BTC after completing an acquisition involving 2,455 BTC. Sweden-listed health-tech and Bitcoin treasury company H100 Group completed its acquisition of Norwegian Bitcoin companies holding 2,455 Bitcoin (BTC), more than tripling its Bitcoin treasury to 3,506 BTC. The transaction involved no cash consideration, with H100 issuing 790.5 million new shares to the sellers, the company said in a Monday press release. The newly issued shares diluted existing shareholders by about 70%. H100 priced them at 1.86 Swedish kronor ($0.20) each, valuing the transaction at about 1.47 billion kronor ($155 million). Read more
H100 signed a letter of intent to acquire two Bitcoin treasury companies and their BTC holdings, which could make it the second-largest Bitcoin treasury company in Europe. Sweden-listed health-tech and Bitcoin (BTC) treasury company H100 Group has entered into a letter of intent (LOI) with the shareholders of privately-held Norwegian Bitcoin companies Moonshot and Never Say Die to acquire all shares of the target companies in exchange for newly issued H100 stock. The proposed transaction would be completed with newly issued H100 shares and no cash consideration, a structure intended to preserve the sellers’ Bitcoin exposure while moving the assets into a larger listed vehicle, according to a Monday press release. A definitive agreement is expected by April 22, with closing targeted after H100’s annual general meeting. H100’s public materials currently show inconsistent AGM dates: its investor-relations calendar lists April 21, while a March 12 company notice referred to an AGM on May 21. Read more
Adam Back-backed Bitcoin treasury Future Holdings has agreed to a takeover proposal from Sweden-listed H100 Group as it eyes expansion into Switzerland. Future Holdings AG, a Switzerland-based Bitcoin treasury company backed by industry veteran Adam Back, has agreed to preliminary terms that may see it acquired by Sweden-listed H100 Group. The Swiss Bitcoin (BTC) treasury company on Monday announced it had entered a non-binding letter of intent with H100 covering the potential acquisition of 100% of its shares. “Combining Future with H100 creates a public-market platform and governance framework that we believe is essential for building long-term institutional credibility in the Swiss market,” Future Holdings’ chairman Richard Byworth said in a joint statement. Read more