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H100 Group Acquires Moonshot & Never Say Die, Triples Bitcoin Holdings

Published 1 week, 4 days ago
Description

H100 Group, a Stockholm-based bitcoin treasury company, has signed a letter of intent to acquire two Norwegian firms, Moonshot and Never Say Die. This acquisition would triple its bitcoin holdings to around 3,500 coins, making it a top player in Europes bitcoin treasury space. The deal aligns with H100s January plan to merge with Future Holdings, a Zurich bitcoin treasury outfit, and is backed by Adam Back, the Blockstream co-founder. The transaction is a bitcoin-for-bitcoin share swap, avoiding dilution, and is expected to close after the May annual general meeting, pending approvals. The announcement boosted H100s shares by 2%, indicating strong market confidence in its leadership in Europes bitcoin treasury landscape.

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