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CryptoMediumUpdated×2•Originally published 23 March 2026•Updated 24 March 2026•

1 min read

H100 to Build Europe's Largest Corporate Bitcoin Treasury Through Strategic Acquisitions

Golden Bitcoin coins and wallets in front of the US Capitol building and American flag, with an upward trend graph.

Key Facts

1H100 proposes a bitcoin-for-bitcoin acquisition of Moonshot and Never Say Die.

2 months ago

Version History

4 additional sources confirmed this story

Version 22 months ago

What changed: Updated the company's full legal name to H100 Group AB, added the announcement date of March 23, 2026, and clarified that the Letter of Intent is non-binding.

Version 12 months ago

What changed: The story was updated to confirm the signing of a Letter of Intent (LOI), identify the target companies as Norway-based, clarify the equity-for-bitcoin swap structure, and refine the total projected holdings to 3,501 BTC.

H100 Group AB officially announced on March 23, 2026, the signing of a non-binding letter of intent (LOI) to acquire Norway-based companies Moonshot AS and Never Say Die AS. The transaction is structured as an equity-for-bitcoin swap, where H100 Group AB will issue new shares in exchange for the target companies' bitcoin reserves. This move is part of a strategic effort to establish the largest institutional Bitcoin treasury in Europe, surpassing regional competitors. Upon completion, the acquisition is expected to bring the company's total holdings to exactly 3,501 BTC, effectively tripling its current reserves. The deal underscores a growing trend of European firms adopting Bitcoin as a primary treasury asset through corporate consolidation. By securing these assets, H100 Group AB aims to solidify its infrastructure and influence within the evolving digital asset landscape.