"This transaction would significantly strengthen H100 in all these areas, emphasizing scale, credibility, and access to capital markets as increasingly important for publicly listed bitcoin firms."
"The acquisition is structured as a bitcoin-for-bitcoin exchange, meaning ownership in the combined entity will be determined solely by the number of BTC contributed."
H100 Group AB intends to acquire Norwegian firms Moonshot AS and Never Say Die AS, which would increase its bitcoin holdings from 1,051 BTC to approximately 3,500 BTC. The acquisition is structured as a bitcoin-for-bitcoin exchange, preserving existing shareholders' exposure while expanding the company's balance sheet. This all-share transaction aligns with H100's strategy of bitcoin-based mergers and acquisitions. The move follows a previous announcement regarding a combination with Future Holdings AG, emphasizing H100's goal to consolidate institutional-scale bitcoin holdings in Europe.
Read at Bitcoin Magazine
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