H100 paid for the deal with 790.5 million newly issued shares, and the company is now within striking distance of big BTC treasury players.

H100 Group AB completed the world's first Bitcoin-for-Bitcoin M&A deal, acquiring Moonshot AS and PDI AS to boost its holdings 234% to 3,506 BTC.

Sweden's H100 Group acquired The Smarter Web Company and Capital B to amass over 6,900 BTC, becoming the 26th-largest public Bitcoin treasury