51m ago
Sweden-listed H100 signs LOI for all-stock purchase of two Norwegian Bitcoin treasuries
H100 Group has signed a letter of intent to buy Norway's Moonshot and Never Say Die in an all-share transaction, aiming to move their Bitcoin into a larger listed vehicle. A definitive agreement is expected by April 22, with closing planned after H100's annual general meeting, though the company has shown conflicting AGM dates. If completed, H100's holdings would rise from 1,051 BTC to about 3,501 BTC, which the company said is worth roughly $239.7 million at current prices.