H100 completes acquisition of 2,455.4 BTC, total holdings increase to 3,506 BTC

According to an official announcement, Swedish listed Bitcoin reserve company H100 announced the completion of a Bitcoin acquisition transaction, acquiring 2,455.4 BTC at approximately $62,900 per coin, bringing total holdings to 3,506 BTC. Reportedly, this transaction is the largest M&A transaction in the European public Bitcoin equity sector and also the first "Bitcoin for Bitcoin" M&A transaction in the global public market. The transaction was settled entirely in H100 shares, with an implied share price of 1.86 Swedish kronor per share (1.0x mNAV), with no cash consideration. Fully diluted satoshis per share increased by approximately 5%, from 288 sats to 303 sats, and the acquiree holds no financial debt.