Bitcoin News
By Sakamoto Nashi
1 / 15
Adam Back Puts 21 Million SEK on the Table. The name turning heads in this deal is Adam Back. The British cryptographer and CEO of Blockstream…
2 / 15
Health-Tech to Bitcoin Pivot: One of Europe's Most Spectacular. H100 hasn't always been in this business. The company was positioned in health-tech before making…
3 / 15
BSTR on Nasdaq: Vote Friday, Massive Stakes. While H100 consolidates in Europe, Adam Back is also playing another hand in the U.S.
4 / 15
Shareholders of H100 made a decisive move on Tuesday in Stockholm. They gave the green light for the acquisition of two Norwegian companies specializing in bitcoin holdings—a…
5 / 15
The two targets are named Moonshot AS and Never Say Die AS. Together, they hold 2,450 BTC. Added to the 1,051 BTC already in H100's coffers, this will amount to approximately…
6 / 15
Two Norwegian firms, one single calculation.
7 / 15
The name turning heads in this deal is Adam Back. The British cryptographer and CEO of Blockstream has injected 21 million SEK into H100 via a convertible loan—about $1.
8 / 15
Back is not just any investor. His name has circulated in the bitcoin ecosystem since the 1990s—he is the inventor of Hashcash, the proof-of-work mechanism that directly inspired…
9 / 15
H100 hasn't always been in this business. The company was positioned in health-tech before making a sharp pivot to a bitcoin treasury strategy.
10 / 15
The acquisitions of Moonshot and Never Say Die mark the culmination of a process that began in January.
11 / 15
The European bitcoin treasury market remains fragmented. Bitcoin Group SE in Germany is probably the historical reference on the continent.
12 / 15
Related Reading: Strategy sells MSTR shares for $335.5M to buy 520 Bitcoin and strengthen its $1.4B reserve
13 / 15
Read also: Bitcoin Spot Market Shows Heavy Buy-Side Pressure on June 22 CVD Data
14 / 15
While H100 consolidates in Europe, Adam Back is also playing another hand in the U.S. Shareholders of Cantor Equity Partners I are voting on Friday to take the Bitcoin Standard…
15 / 15
But the real number to watch is the ongoing PIPE transaction. $1.5 billion. If it closes, BSTR could acquire about 23,500 more BTC.
The Currency Analytics
Want the full story?