{"id":7690,"date":"2026-06-23T17:16:42","date_gmt":"2026-06-23T17:16:42","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2026\/06\/23\/h100-shareholders-approve-bitcoin-deal-that-would-make-it-europes-no-2-listed-treasury\/"},"modified":"2026-06-23T17:16:42","modified_gmt":"2026-06-23T17:16:42","slug":"h100-shareholders-approve-bitcoin-deal-that-would-make-it-europes-no-2-listed-treasury","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2026\/06\/23\/h100-shareholders-approve-bitcoin-deal-that-would-make-it-europes-no-2-listed-treasury\/","title":{"rendered":"H100 Shareholders Approve Bitcoin Deal That Would Make It Europe\u2019s No. 2 Listed Treasury"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/h100-shareholders-approve-bitcoin-deal\">H100 Shareholders Approve Bitcoin Deal That Would Make It Europe\u2019s No. 2 Listed Treasury<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">H100 Group shareholders cast their votes in Stockholm on Tuesday, giving the company\u2019s <a href=\"https:\/\/x.com\/H100Group\/status\/2069381474206224722\">board authority to close acquisitions<\/a> of two Norwegian bitcoin treasury firms \u2014 a deal that would take the company\u2019s holdings from 1,051 BTC to around 3,500 BTC and rank it <a href=\"https:\/\/bitcointreasuries.net\/news\/h100-group-eyes-europes-second-largest-bitcoin-treasury\" target=\"_blank\">second<\/a> among Europe\u2019s listed bitcoin treasury companies.<\/p>\n<p class=\"wp-block-paragraph\">The annual general meeting was the decisive checkpoint for H100\u2019s binding share purchase agreements with Moonshot AS and Never Say Die AS.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The two Norwegian companies hold a combined 2,450 BTC. Under the deal\u2019s structure, existing H100 shareholders retain 30% of the merged entity, with the sellers taking 70%.<\/p>\n<p class=\"wp-block-paragraph\">Adam Back, the British cryptographer best known as the inventor of Hashcash and the CEO of Blockstream, is a central figure in H100\u2019s expansion.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Back <a href=\"https:\/\/bitcoinmagazine.com\/news\/adam-back-invests-sek-21-million-to-h100-group-bitcoin-treasury-strategy\">invested<\/a> SEK 21 million \u2014 about $1.98 million \u2014 in H100 through a convertible loan structure with an option to expand to SEK 277 million, tying his capital to the company\u2019s bitcoin accumulation strategy.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">He is a backer of Future Holdings AG, the Zurich-based bitcoin treasury firm H100 <a href=\"https:\/\/bitcoinmagazine.com\/news\/h100-moves-to-buy-future-holdings\">agreed<\/a> to acquire in January in a separate deal that kicked off the consolidation run.<\/p>\n<p class=\"wp-block-paragraph\">Back\u2019s involvement gives H100 a credibility anchor that few European treasury firms can claim. His 1997 Hashcash paper was cited in Satoshi Nakamoto\u2019s Bitcoin whitepaper, and Blockstream has been a cornerstone institution in BTC infrastructure since its founding in 2014.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The deal would put H100 <a href=\"https:\/\/bitcointreasuries.net\/public-companies\/bitcoin-group\" target=\"_blank\">behind<\/a> Bitcoin Group SE \u2014 the German firm that holds 3,605 BTC \u2014 among Europe\u2019s listed bitcoin treasury companies. At Tuesday\u2019s price of $62,453 per coin, down more than 3.7% on the day <a href=\"https:\/\/bitcoinmagazine.com\/bitcoin-price\">amid a broader market selloff<\/a>, a 3,500 BTC treasury carries a market value near $218 million.<\/p>\n<p class=\"wp-block-paragraph\">H100\u2019s pivot from health-tech company to bitcoin treasury vehicle has been one of the more dramatic corporate identity shifts in European markets over the past year. The company\u2019s stock climbed 280% after its bitcoin strategy announcement, and the Moonshot and Never Say Die acquisitions are the culmination of a consolidation effort that began with the Future Holdings letter of intent in January.<\/p>\n<p class=\"wp-block-paragraph\">The model mirrors what <a href=\"https:\/\/bitcoinmagazine.com\/tags\/strategy\">Strategy<\/a> built on the other side of the Atlantic: treat BTC as the core reserve asset, issue shares to fund accumulation, and grow holdings through deal-making.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">H100 has added a Nordic angle, absorbing regional firms to build scale in a market where BTC treasury companies have proliferated without a clear dominant player.<\/p>\n<h2 class=\"wp-block-heading\">Meanwhile, BSTR eyes public listing with 30,021 bitcoin<\/h2>\n<p class=\"wp-block-paragraph\">On top of all this, Cantor Equity Partners I shareholders <a href=\"https:\/\/x.com\/BTCtreasuries\/status\/2069134072765448459\">vote<\/a> Friday to bring <a href=\"https:\/\/bstr.com\/\" target=\"_blank\">Back\u2019s<\/a> Bitcoin Standard Treasury Company public on Nasdaq under the ticker BSTR \u2014 entering the global leaderboard at fifth place with 30,021 BTC secured at close.<\/p>\n<p class=\"wp-block-paragraph\">The ranking may not hold long. A $1.5 billion PIPE deal is in motion, and Samson Mow <a href=\"https:\/\/x.com\/Excellion\/status\/2069307028883796256\">ran<\/a> the math on X Tuesday: fully deployed at current prices, it buys roughly 23,500 additional coins, pushing BSTR\u2019s total to around 53,500 BTC and second place globally \u2014 behind only Strategy.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Mow\u2019s kicker was this: BSTR would hold the lowest cost basis of any major treasury, arriving while BTC trades near its 200-day moving average around $62,000.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/h100-shareholders-approve-bitcoin-deal\">H100 Shareholders Approve Bitcoin Deal That Would Make It Europe\u2019s No. 2 Listed Treasury<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine H100 Shareholders Approve Bitcoin Deal That Would Make It Europe\u2019s No. 2 Listed Treasury H100 Group shareholders cast their votes in Stockholm on Tuesday, giving the company\u2019s board authority to close acquisitions of two Norwegian bitcoin treasury firms \u2014 a deal that would take the company\u2019s holdings from 1,051 BTC to around 3,500 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":7691,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-7690","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=7690"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/7691"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=7690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=7690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=7690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}