{"id":46204,"date":"2026-06-23T16:30:42","date_gmt":"2026-06-23T16:30:42","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=46204"},"modified":"2026-06-23T16:30:42","modified_gmt":"2026-06-23T16:30:42","slug":"h100-shareholders-approve-bitcoin-deal-that-would-make-it-europes-no-2-listed-treasury","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=46204","title":{"rendered":"H100 Shareholders Approve Bitcoin Deal That Would Make It Europe\u2019s No. 2 Listed Treasury"},"content":{"rendered":"

Bitcoin Magazine<\/a>
\n
\nH100 Shareholders Approve Bitcoin Deal That Would Make It Europe\u2019s No. 2 Listed Treasury<\/a><\/p>\n

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H100 Group shareholders cast their votes in Stockholm on Tuesday, giving the company\u2019s 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 second<\/a> among Europe\u2019s listed bitcoin treasury companies.<\/p>\n

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

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

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

Back 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

He is a backer of Future Holdings AG, the Zurich-based bitcoin treasury firm H100 agreed<\/a> to acquire in January in a separate deal that kicked off the consolidation run.<\/p>\n

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

The deal would put H100 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 amid a broader market selloff<\/a>, a 3,500 BTC treasury carries a market value near $218 million.<\/p>\n

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

The model mirrors what 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

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

Meanwhile, BSTR eyes public listing with 30,021 bitcoin<\/h2>\n

On top of all this, Cantor Equity Partners I shareholders vote<\/a> Friday to bring 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

The ranking may not hold long. A $1.5 billion PIPE deal is in motion, and Samson Mow 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

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

This post H100 Shareholders Approve Bitcoin Deal That Would Make It Europe\u2019s No. 2 Listed Treasury<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":1,"featured_media":46205,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-46204","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"yoast_head":"\nH100 Shareholders Approve Bitcoin Deal That Would Make It Europe\u2019s No. 2 Listed Treasury - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=46204\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"H100 Shareholders Approve Bitcoin Deal That Would Make It Europe\u2019s No. 2 Listed Treasury - 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