Sweden's H100 has acquired 2,455 Bitcoin, more than tripling its total holdings to 3,506 BTC. The purchase, disclosed this week, makes the Swedish company Europe's second-largest corporate Bitcoin treasury by holdings.
A big bet on Bitcoin
The acquisition is a sharp escalation for H100, which had previously held just over 1,000 BTC. With the new coins, the company's stash is now worth a substantial chunk of its market cap, and it signals a clear strategy: H100 is all in on Bitcoin as a reserve asset.
The move puts H100 behind only one other European firm in the corporate Bitcoin holdings race. It's a position that didn't exist a year ago, and it reflects how quickly the region's treasury strategies are shifting.
H100's purchase isn't just a number on a balance sheet. It's a signal to other European companies that Bitcoin treasury adoption is no longer a US-only phenomenon. The Swedish firm has now committed a significant portion of its capital to the asset, and that kind of conviction tends to draw attention from both investors and copycats.
The timing is notable too. With Bitcoin's price action this year, buying 2,455 coins in one go is a bold statement. H100 didn't dribble in with small purchases; it made one decisive move.
The company hasn't said whether it plans to keep buying. But with its holdings now at 3,506 BTC, H100 has effectively tied its corporate fortunes to Bitcoin's performance. That's a strategy that can pay off handsomely in a bull market, and it can sting just as hard in a downturn.
For now, H100 is Europe's No. 2. The question is whether it's aiming for No. 1.
