H100 Group AB (H100), the Stockholm-based publicly listed bitcoin treasury company, announced a letter of intent (LOI) to acquire Norwegian bitcoin-focused firms Moonshot AS and Never Say Die AS. 

The move, if completed, would roughly triple H100’s holdings to around 3,500 BTC, positioning the company among Europe’s largest listed bitcoin treasury firms and enhancing its institutional profile, according to a press release seen by Bitcoin Magazine. 

Currently holding 1,051 BTC, the company would add the target companies’ combined 2,450 BTC through the transaction. 

The acquisition is structured as a bitcoin-for-bitcoin exchange, meaning ownership in the combined entity will be…

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