H100 is pursuing a deal that would dramatically expand its bitcoin reserves, with a proposed transaction set to triple its current holdings to approximately 3,500 BTC. If completed, the move would position the company as the largest listed bitcoin treasury firm in Europe. The scale of the acquisition represents a significant strategic shift for the firm.
The transaction is structured as a bitcoin-for-bitcoin exchange, meaning the deal is conducted directly in bitcoin rather than through conventional currency. This structure is designed to preserve shareholder exposure to bitcoin while substantially growing the size of the company’s balance sheet. The approach reflects a deliberate effort to maintain the integrity of investor positions throughout the process.
By scaling its holdings in this manner, H100 would set itself apart from other listed firms on the continent that hold bitcoin as a treasury asset. The 3,500 BTC target marks a notable milestone in the growing trend of publicly listed companies accumulating cryptocurrency on their balance sheets. The outcome of the proposed deal could have broader implications for how European firms approach bitcoin treasury strategies.
Originally reported by CoinDesk.
