Bitcoin: Capital B overtakes Sweden’s H100 Group after 376 BTC buy

This followed Capital B raising €21 million from institutional investors to expand its BTC holdings, with Adam Back and TOBAM supporting.

• Capital B, a French Bitcoin Digital Asset Treasury (DAT), has acquired 376 BTC for €25.3 million, increasing its total holdings to 3,521 BTC.
• This purchase, made at an average price of €67,182 per BTC, lowered Capital B's overall acquisition cost and moved it ahead of Sweden's H100 Group in terms of Bitcoin holdings among publicly traded companies.
• The company raised €21 million from institutional investors, including Adam Back and TOBAM, to support its BTC expansion strategy, indicating a growing trend of European companies building Bitcoin treasuries.

Topics: Institutional adoption, Asset types, Public market, Asset manager initiatives, Bitcoin treasuries, Corporate treasury strategy

Tags: #bitcoin #capitalb #btc #digitalassettreasuries #institutionalinvestors #adamback #tobam #h100group #bitcoingroupse #corporateholdings

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H100 Group Buys 2 Norwegian Firms, Adds 2,455 BTC to Treasury

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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