Is the European treasury race heating up? A big move from Sweden’s H100 Group proves it is!
Now that institutions and policymakers are increasingly aligning around digital assets, this could be a defining time for Europe’s crypto strategy.
Greater BTC ambitions
Sweden-listed H100 Group recently signed a letter of intent to acquire two Norway-based firms – Moonshot and Never Say Die. The deal, agreed upon entirely through newly-issued H100 shares with no cash component, is designed to retain Bitcoin exposure for existing shareholders while consolidating holdings under a larger, publicly listed entity.
The acquisition would significantly boost H100’s Bitcoin reserves from 1,051 BTC to roughly 3,500 BTC. That figure is based on the combined holdings of the target companies.
At current market prices, this would potentially make it the second-largest Bitcoin [BTC] treasury in Europe, just behind Germany’s Bitcoin Group.
The agreement is expected to be done by late April, pending shareholder approvals. About the same, H100 Chairman Sander Andersen stated,
We see strong industrial logic in this acquisition.
He went on to add,
…We take an important step towards further strengthening H100’s position towards institutional capital markets in both the Nordic region and Switzerland.
Also happening in Europe…
Aside from H100’s strategic play, Capital B also recently announced that they bought 44 BTC for €2.7 million at €61,763 per Bitcoin. They also noted a BTC yield of 0.72% YTD.
All this buying is happening as greater plans come to the fore. The European Central Bank (ECB) recently released its long-term vision for tokenized markets through its Appia roadmap.
At the core of this plan are two key initiatives –
- Pontes, a distributed ledger-based settlement system expected to launch in Q3 2026
- Appia, the framework guiding the transition towards tokenized financial ecosystems; backed by central bank money.
The aim is to bridge today’s financial systems with a blockchain-friendly future.
Final Summary
- H100 could become Europe’s No. 2 Bitcoin treasury with holdings of 3,500 BTC.
- Europe’s crypto strategy is heating up with regulatory support.
Samyukhtha L KM is a financial journalist and market analyst at AMBCrypto. She covers key market moves, blockchain adoption, and socially-driven crypto trends. She also enjoys providing fresh takes through commentaries on emerging narratives.