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H100 Eyes Europe's Largest Bitcoin Treasury
CoinDesk·
H100 is planning a significant expansion of its Bitcoin holdings through a proposed acquisition of Moonshot and Never Say Die. This strategic move aims to triple the company's current Bitcoin reserves, potentially establishing it as Europe's largest listed Bitcoin treasury firm. The transaction is structured as a bitcoin-for-bitcoin exchange, which allows H100 to scale its balance sheet considerably while maintaining shareholder exposure to the cryptocurrency.
Tags
fintech
crypto
acquisition
Original Source
CoinDesk — coindesk.com