Blab Crypto
H100 Group to Expand Bitcoin Holdings to 3,500 BTC in Deal with Norwegian Firms, Shareholder Meeting Set for June 23
H100 Group AB, a Swedish listed health‑technology company with an active Bitcoin treasury strategy, has announced a binding share purchase agreement that will increase its Bitcoin holdings from 1,051 BTC to approximately 3,500 BTC. The transaction, which involves the acquisition of Norwegian Bitcoin‑focused firms Moonshot AS and Never Say Die AS, is a debt‑free, bitcoin‑for‑bitcoin deal that is expected to close in the third quarter of 2026, subject to customary conditions and approval by the company’s shareholders.
The announcement comes ahead of H100’s Annual General Meeting (AGM) scheduled for 23 June 2026 in Stockholm. Shareholders have expressed strong interest in the proposed transaction, particularly regarding the identity of the majority shareholder that will emerge from the deal and the structure of the share ownership that will result.
To address these questions, Geir Harald Hansen, the founder of Bitminter and the principal investor behind Moonshot, released a letter to shareholders. Hansen, who has been involved in Bitcoin for 15 years, explains that his group currently manages roughly 2,450 BTC and that the acquisition will bring the combined holdings to about 3,500 BTC. He states that ownership in the combined company will be determined solely by the amount of Bitcoin contributed, with no discount, special share class or financial engineering. Hansen will hold the largest position because he contributes the most Bitcoin, but he emphasizes that every share carries the same Bitcoin backing and that all shareholders will share the same risk and upside.
Hansen’s letter, which is attached to the AGM notice and available on H100’s website, highlights his background. He built Bitminter in 2011, a mining pool that at its peak accounted for close to 10 % of the global Bitcoin hash‑rate and mined 208,232 BTC, representing 0.978 % of all Bitcoin that will ever exist. Bitminter closed in 2020, but Hansen says the experience taught him how to build a business around honesty, reliability and client service.
After Bitminter, Hansen’s group focused on managing Bitcoin holdings and developing trading strategies. The team, led by Eirik Grøttum and Peter Warren, has built expertise in software development, asset management and institutional‑grade trading. Hansen says the group is now ready to deploy capital on a larger scale, and that the partnership with H100 is a natural fit.
H100’s CEO, Johannes Wiik, notes that the company’s health‑technology business supports providers of health and lifestyle services through AI‑powered automation and digital growth tools. The company is listed on the NGM Nordic SME exchange and is the first and largest Bitcoin treasury company in the Nordics.
The transaction was first outlined in a letter of intent dated 23 March 2026 and was formally announced on 23 April 2026. According to the binding agreement, the acquisition will be financed entirely with Bitcoin, with no cash or debt involved. The combined entity will hold roughly 3,500 BTC, a figure that would make it one of the largest corporate Bitcoin holders in Europe.
Shareholders will vote on the transaction at the AGM. The company’s notice of meeting, issued on 22 May 2026, invites shareholders to review the letter from Hansen and the details of the proposed deal. The AGM will also cover other matters, including the company’s Q1 2026 interim report, which states that the Bitcoin‑for‑Bitcoin acquisition is expected to increase holdings from 1,051 BTC to 3,500 BTC upon closing.
The deal is positioned as a strategic move to combine H100’s listed structure, capital‑market access and network of investors with Moonshot’s technology expertise and asset‑management capabilities. Hansen says the partnership will allow the combined company to become a leading European alternative and digital‑asset manager.
The transaction, if approved, will not only increase H100’s Bitcoin exposure but also bring a new majority shareholder into the company. Hansen’s letter stresses that his interests will be aligned with those of existing shareholders, as every share will be backed by the same amount of Bitcoin.
The AGM will determine whether the shareholders accept the proposed acquisition and the resulting ownership structure. The company’s website and the AGM notice provide the full letter from Hansen and additional documentation for shareholders to review.
The outcome of the meeting will shape H100’s future strategy and its role in the growing European Bitcoin treasury market. The company’s next steps will depend on shareholder approval and the successful completion of the binding agreement with Moonshot AS and Never Say Die AS.
The announcement comes ahead of H100’s Annual General Meeting (AGM) scheduled for 23 June 2026 in Stockholm. Shareholders have expressed strong interest in the proposed transaction, particularly regarding the identity of the majority shareholder that will emerge from the deal and the structure of the share ownership that will result.
To address these questions, Geir Harald Hansen, the founder of Bitminter and the principal investor behind Moonshot, released a letter to shareholders. Hansen, who has been involved in Bitcoin for 15 years, explains that his group currently manages roughly 2,450 BTC and that the acquisition will bring the combined holdings to about 3,500 BTC. He states that ownership in the combined company will be determined solely by the amount of Bitcoin contributed, with no discount, special share class or financial engineering. Hansen will hold the largest position because he contributes the most Bitcoin, but he emphasizes that every share carries the same Bitcoin backing and that all shareholders will share the same risk and upside.
Hansen’s letter, which is attached to the AGM notice and available on H100’s website, highlights his background. He built Bitminter in 2011, a mining pool that at its peak accounted for close to 10 % of the global Bitcoin hash‑rate and mined 208,232 BTC, representing 0.978 % of all Bitcoin that will ever exist. Bitminter closed in 2020, but Hansen says the experience taught him how to build a business around honesty, reliability and client service.
After Bitminter, Hansen’s group focused on managing Bitcoin holdings and developing trading strategies. The team, led by Eirik Grøttum and Peter Warren, has built expertise in software development, asset management and institutional‑grade trading. Hansen says the group is now ready to deploy capital on a larger scale, and that the partnership with H100 is a natural fit.
H100’s CEO, Johannes Wiik, notes that the company’s health‑technology business supports providers of health and lifestyle services through AI‑powered automation and digital growth tools. The company is listed on the NGM Nordic SME exchange and is the first and largest Bitcoin treasury company in the Nordics.
The transaction was first outlined in a letter of intent dated 23 March 2026 and was formally announced on 23 April 2026. According to the binding agreement, the acquisition will be financed entirely with Bitcoin, with no cash or debt involved. The combined entity will hold roughly 3,500 BTC, a figure that would make it one of the largest corporate Bitcoin holders in Europe.
Shareholders will vote on the transaction at the AGM. The company’s notice of meeting, issued on 22 May 2026, invites shareholders to review the letter from Hansen and the details of the proposed deal. The AGM will also cover other matters, including the company’s Q1 2026 interim report, which states that the Bitcoin‑for‑Bitcoin acquisition is expected to increase holdings from 1,051 BTC to 3,500 BTC upon closing.
The deal is positioned as a strategic move to combine H100’s listed structure, capital‑market access and network of investors with Moonshot’s technology expertise and asset‑management capabilities. Hansen says the partnership will allow the combined company to become a leading European alternative and digital‑asset manager.
The transaction, if approved, will not only increase H100’s Bitcoin exposure but also bring a new majority shareholder into the company. Hansen’s letter stresses that his interests will be aligned with those of existing shareholders, as every share will be backed by the same amount of Bitcoin.
The AGM will determine whether the shareholders accept the proposed acquisition and the resulting ownership structure. The company’s website and the AGM notice provide the full letter from Hansen and additional documentation for shareholders to review.
The outcome of the meeting will shape H100’s future strategy and its role in the growing European Bitcoin treasury market. The company’s next steps will depend on shareholder approval and the successful completion of the binding agreement with Moonshot AS and Never Say Die AS.
