H100 Group AB has acquired 2,455 Bitcoin through a completed corporate deal, lifting its total treasury to 3,506 BTC and expanding its H100 Bitcoin holdings into one of Europe’s larger public Bitcoin positions.
H100 buys 2,455 Bitcoin in its latest treasury move
H100 Group AB said on August 10, 2026 that it completed the acquisition of NSD AS, which represents direct and indirect ownership of Moonshot AS and PDI AS, according to the company’s official announcement. The transaction added 2,455.37 BTC to the company’s balance sheet. For related coverage, see UMX Launches Invite-Only Beta for Crypto and U.S. Stocks.
The deal was structured as a treasury expansion rather than a cash purchase. H100 said the transaction was completed on a 1:1 Bitcoin-for-Bitcoin basis with no cash consideration, meaning the company issued equity to the sellers rather than paying out fiat. For related coverage, see Bybit Files US Federal Civil Lawsuit Against North Korea.
To settle the deal, H100’s board resolved on a set-off issue of 790,534,666 new shares at SEK 1.86 per share, based on a Bitcoin reference price of SEK 598,926.69 recorded at 23:59 CEST on July 31, 2026. The share issuance was authorized by H100’s annual general meeting on June 23, 2026, and the new shares are expected to be admitted to trading on NGM Nordic SME as soon as practicable. For related coverage, see Grayscale Withdraws SEC Filings for Three Proposed Altcoin ETFs.
H100’s total Bitcoin holdings now stand at 3,506 BTC
Following completion, H100 said its total Bitcoin holdings increased to 3,506.4 BTC. Subtracting the acquired coins from that figure implies the company held roughly 1,051 BTC before the deal closed, a comparison derived from the announced totals rather than separately disclosed.
The single transaction more than tripled the treasury, taking the position from a modest holding to one of the larger public Bitcoin balances in Europe. H100 described the deal as the largest M&A transaction in the European public Bitcoin equity sector and the first Bitcoin-for-Bitcoin M&A transaction in public markets, though the company phrased that ranking claim as being to its own knowledge and it remains unconfirmed by independent sources.
Why H100’s Bitcoin accumulation matters
Corporate treasury moves have become a closely tracked category in Bitcoin coverage, and the jump to 3,506 BTC makes H100 relevant to readers monitoring which listed companies hold the most direct Bitcoin exposure. The all-share, no-cash structure is notable because it converts operating assets into Bitcoin without draining the treasury of fiat.
The accumulation landed against a cautious market backdrop. Bitcoin traded at $64,916 at the time of research with a market capitalization near $1.30 trillion, while the crypto Fear & Greed Index sat at 30, a reading classified as Fear.
Treasury activity has cut in both directions this year. Some firms have been buyers, while others have trimmed, as seen when Empery Digital sold 1,635 Bitcoin to cut its unrestricted holdings. H100’s deal sits on the accumulation side of that split, and its equity-settled mechanics echo the broader push by public companies to expand crypto-linked balance sheets, a trend also visible as firms like Wintermute move deeper into public-market activity.
H100 did not disclose plans for further purchases, and no additional buying should be inferred from the completed transaction. The newly issued shares admitted to NGM Nordic SME will be the next concrete milestone tied to the deal.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.