H100 Group records $10.3M quarterly loss as Bitcoin weighs on earnings

Sweden-listed H100 Group has reported a pre-tax loss of 98 million Swedish kronor ($10.3 million) for the second quarter as the decline in Bitcoin’s price weighed on the company’s treasury holdings. Summary H100 Group reported a SEK 98 million ($10.3 million) pre-tax loss for the second quarter. Nearly all of the Q2 loss came from a non-cash write-down tied to Bitcoin’s price decline, according to the company. H100’s first-half pre-tax loss reached SEK 253 million, while operating income rose to SEK 6.1 million. The company now holds 3,506 BTC after acquiring two Norwegian Bitcoin treasury firms. H100 ranks as Europe’s second-largest listed Bitcoin treasury company by holdings. H100 Group said in its interim report published Wednesday that its pre-tax loss reached SEK 253 million for the first six months of 2026, while operating income remained small compared with the losses recorded during the period. The health-tech and Bitcoin treasury company reported SEK 3 million in operating income for the second quarter, unchanged from the same period in 2025. For the first half, operating income increased to SEK 6.1 million from SEK 5.8 million a year earlier. In a separate X post on Wedne...