By alejoview07 on Skatehive
By Ayesha Aziz The Swedish-listed firm H100 Group has taken a massive step toward becoming a digital asset powerhouse in Europe. On Monday, the company signed a letter of intent to acquire two private Norwegian treasury firms, Moonshot AS and Never Say Die AS, in an all-stock deal that would catapult its total holdings to approximately 3,501 Bitcoin. Strengthening the Treasury via Strategic Acquisitions The proposed transaction is structured as a share swap, meaning no cash will be exchanged. By issuing new shares to the owners of the Norwegian companies, H100 will absorb their 2,450 BTC, adding to its existing stash of 1,051 BTC. At current market valuations, this combined portfolio is worth roughly $239.7 million. The deal allows the private shareholders to maintain their Bitcoin exposure while transitioning into a larger, publicly traded entity. A Leap in Global and Regional Rankings If the acquisition closes as planned by late April or May, H100’s standing in the global "Bitcoin Tr