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H100 has officially signed a 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 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 H100'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 aims to solidify its infrastructure and influence within the evolving digital asset landscape.
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