Sweden's H100 completed a 2,455 BTC acquisition today, tripling its Bitcoin holdings to 3,506 BTC and claiming the second-largest corporate Bitcoin treasury in Europe, according to the company's announcement.
H100 held 1,051 BTC before the deal. The acquisition moves the Swedish firm ahead of all European entities except Germany's Bitcoin Group SE, which holds 3,605 BTC. The figures are exact: H100 now owns 3,506.4 BTC following the purchase of 2,455.37 BTC.
H100 is a Swedish investment company focused on Bitcoin. The firm allows Swedish investors exposure to Bitcoin through a listed security. Listed companies are increasingly buying Bitcoin directly rather than holding derivatives or trusts.
The transaction required H100 shareholder approval, which the company secured ahead of closing. The deal size places H100 among Europe's most substantial Bitcoin holders across all entity types. Only a handful of European funds, family offices, or corporates hold larger onchain Bitcoin positions, though most are unlisted or domiciled outside the region.
Bitcoin's price stood near $63,000 at time of the announcement, putting H100's new holdings at approximately $220 million in value. The company did not disclose the acquisition price in its announcement, meaning the per-BTC cost basis remains unknown.
Europe's listed Bitcoin treasuries have grown amid rising institutional adoption across the continent. German-listed Bitcoin Group SE and similar publicly traded vehicles have attracted capital from investors unable or unwilling to hold Bitcoin directly. H100's expansion comes as publicly traded Bitcoin vehicles gain traction in Nordic and broader European markets.
H100 stated no further Bitcoin acquisition timeline. The next update to watch is whether H100 files any new Bitcoin purchases with regulators or announces them directly, which would show whether the company views its 3,506 BTC position as a ceiling or a staging point for larger holdings.
