H100 Group Expands Bitcoin Holdings to 3,506 BTC via Norwegian Acquisitions
BitcoinWorld H100 Group Expands Bitcoin Holdings to 3,506 BTC via Norwegian Acquisitions Swedish Bitcoin treasury company H100 Group has increased its total Bitcoin holdings to 3,506 BTC following the completion of acquisitions of two Norwegian companies that held a combined 2,449 BTC.
The company announced the development on X, confirming that the move follows shareholder approval for the purchases.
Details of the Acquisitions The acquisitions, which were approved by shareholders earlier this year, mark a significant expansion for H100 Group, which previously held approximately 1,057 BTC.
The Norwegian companies, whose identities have not been publicly disclosed, were acquired specifically for their Bitcoin holdings, reflecting a growing trend among European firms to use Bitcoin as a treasury reserve asset.
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