H100 acquires 2,455 Bitcoin, holdings rise to 3,506

H100 Group completed its previously announced acquisition of NSD AS on Aug. 10, adding 2,455.37 Bitcoin and lifting its total treasury to 3,506.4 BTC. Summary H100 acquired 2,455.37 Bitcoin through NSD, raising its total treasury holdings to 3,506.4 Bitcoin overall. The transaction used no cash, with H100 issuing 790.5 million shares to NSD’s sellers instead. H100 priced consideration shares at SEK 1.86, using Bitcoin’s July 31 reference price for valuation. The new share issue creates approximately 70% dilution, while basic Bitcoin per share remains unchanged. H100 says fully diluted sats per share increased roughly 5%, while NSD carried no debt. The Stockholm listed company paid no cash for the transaction, instead issuing shares to the sellers under a Bitcoin for Bitcoin valuation structure, according to its official release. The acquired Bitcoin was valued using a July 31 reference price of SEK 598,926.69, or about $62,900 per BTC. At Bitcoin’s current price near $65,158, H100’s enlarged treasury is worth roughly $228.5 million. H100 nearly triples its Bitcoin holdings The transaction follows a binding share purchase agreement signed on April 23 after the group first outlined t...