H100 shareholders approve acquisition agreement, expected to triple its Bitcoin holdings

Odaily Planet Daily News: Shareholders of Swedish health technology company H100 have approved the share issuance required to complete the acquisitions of Moonshot AS and Never Say Die AS. The transaction is a stock swap and does not involve cash consideration.

After the acquisition is completed, H100's Bitcoin holdings will increase from 1,051 BTC to approximately 3,500 BTC, potentially making it the second-largest publicly traded Bitcoin treasury company in Europe, behind only Germany's Bitcoin Group SE. According to the terms announced in March, the owners of Moonshot AS and Never Say Die AS will hold approximately 70% of the combined company's shares after the transaction, becoming the majority shareholders. (cointelegraph)