News
H100 to Increase Bitcoin Holdings to 3,501 Coins Through Acquisition of Two Companies
en
On March 23, according to official news, Swedish listed company H100 Group has signed a letter of intent to acquire Norwegian companies Moonshot AS and Never Say Die AS through an all-stock transaction. The transaction adopts a "bitcoin for bitcoin" structure, does not involve cash consideration, and will not dilute the bitcoin holdings of existing shareholders. Upon completion of the transaction, H100's bitcoin holdings will increase from the current 1051 coins to approximately 3501 coins.