H100 Shareholders Approve Bitcoin Deal to Become Europe's No. 2 Listed BTC Treasury

H100 Group shareholders approved the acquisition of two Norwegian bitcoin treasury firms, boosting holdings to 3,500 BTC and making it the second-largest listed bitcoin treasury in Europe.

• Shareholders voted in Stockholm to authorize acquisitions of Moonshot AS and Never Say Die AS, holding 2,450 BTC combined.
• H100's total holdings would reach 3,500 BTC, valued at roughly $218 million at current prices.
• Blockstream CEO Adam Back invested about $2 million in H100 via a convertible loan structure.
• The deal puts H100 behind only Bitcoin Group SE (3,605 BTC) among European listed BTC treasuries.
• H100 pivoted from health-tech to a bitcoin treasury strategy, with its stock up 280% since the announcement.

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