H100 acquires 2,455.4 Bitcoin at approx. USD 62,900 per Bitcoin, increasing total holdings to 3,506 BTC.
The transaction, announced in April, has now been completed:
- Largest M&A transaction in the European Public Bitcoin Equity sector
- World's first Bitcoin-for-Bitcoin M&A transaction in public markets
- Paid entirely in H100 shares at 1.0x mNAV, an implied share price of SEK 1.86, with no cash consideration
- Sats per basic share unchanged, sats per fully diluted share up approximately 5%, from 288 to 303
- The acquired company holds no financial debt
The acquisition brings together complementary teams, technology and market capabilities. Together we can accomplish things neither company could accomplish alone.