Swedish BTC treasury firm H100 Group acquired Moonshot and PDI using newly issued shares, tripling its holdings to 3,506 BTC worth ~$226.7M and climbing to 26th globally.
- Swedish firm H100 Group has acquired two Norwegian companies, Moonshot and PDI, using newly issued shares, significantly increasing its Bitcoin treasury holdings to over 3,500 BTC.
- The all-share transaction, valued at approximately $155 million, resulted in a 70% dilution for existing shareholders but maintained the company's Bitcoin-per-share metric.
- This move positions H100 Group as a major corporate Bitcoin holder in Europe, contrasting with other firms that have recently reduced their BTC exposure.
Topics: Asset types, Institutional adoption, Public debt, Financial instruments, Asset manager initiatives, Tokenized us treasuries
Tags: #h100group #bitcoin #treasury #corporateholdings #shareissuance #ma #norwegianfirms #adamback #blockstream #dilution
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