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Crypto

H100 becomes Europe\'s No. 2 bitcoin holder after acquisitions

Swedish listed company H100 Group completed the acquisition of Norwegian bitcoin businesses holding 2,455 BTC, raising its total to 3,506 BTC. Cointelegraph reported on Aug. 10 that the deal more than tripled H100\'s bitcoin holdings and made it Europe\'s second-largest corporate bitcoin holder. The transaction was done without cash, with H100 issuing 790.5 million new shares priced at 1.86 Swedish crowns each.

Crypto

Sweden\'s H100 to triple bitcoin holdings, eyes No. 2 spot among Europe listed firms

Swedish health tech company H100 has completed key procedures for an acquisition deal that would lift its bitcoin holdings by about three times. Shareholders approved issuing new shares to acquire Norway-based Moonshot AS and Never Say Die AS in a share swap for about 2,450 bitcoin. H100 currently holds 1,051 bitcoin and expects total holdings to rise to about 3,500 after completion. H100 shares rose 9.6 percent on June 24.