H100 CEO Eirik Grøttum has elevated his publicity to the Swedish Bitcoin treasury firm by means of purchases totaling 407,163 shares for SEK 621,887, whereas H100 continues to report 3,506.4 $BTC on its steadiness sheet.
H100 Group stated in its Sept. 17 primary-insider disclosure that Kode Oslo AS carried out the purchases, with 405,663 shares acquired on Sept. 15 at a median SEK 1.53 and one other 1,500 shares acquired on Aug. 19 at SEK 1.40. The mixed common value was SEK 1.53 per share.
H100 CEO @eirikgro has purchased 407,163 shares in H100 by means of a intently related firm, for a complete of SEK 621,887 (common value SEK 1.53 per share).
Following the purchases, corporations intently related to Eirik maintain a complete of 5,399,464 H100 shares. pic.twitter.com/DOxEO3xSBM
— H100 (@H100Group) September 17, 2026
H100 CEO buy lifts associated holdings above 5.3 million
Kode Oslo now owns 2,771,787 H100 shares following the disclosed transactions. Grøttum serves on Kode Oslo’s board, owns 20% of the corporate and participates in its funding selections, based on H100’s regulated discover.
A second related entity, Olav Grøttum Holding AS, owns one other 2,627,677 H100 shares. Grøttum owns that firm completely. Mixed, the 2 companies maintain 5,399,464 H100 shares after the newest purchases.
The transaction issues shares in H100 Group, not a brand new Bitcoin buy by the corporate. H100’s disclosed Bitcoin place subsequently stays separate from the CEO-related fairness buy.
Grøttum grew to become H100’s chief government on Aug. 11, at some point after the corporate accomplished its massive Norwegian Bitcoin-related acquisition. He beforehand served as CEO of Moonshot AS and had labored with H100 Chief Funding Officer Peter C. Warren managing Bitcoin holdings belonging to Geir Harald Hansen by means of Moonshot.
H100 stated Grøttum’s background covers software program growth, quantitative buying and selling, asset administration and fintech. His appointment moved former CEO Johannes Wiik again into the chief working officer function.
H100 nonetheless stories a 3,506.4 $BTC treasury
H100’s newest firm disclosures proceed to put its treasury at 3,506.4 $BTC. The place elevated sharply on Aug. 10 when H100 accomplished its acquisition of NSD AS, which by means of a reorganization held Moonshot AS and PDI AS.
The transaction introduced 2,455.37 $BTC into the group, taking H100 from 1,051.03 $BTC on the finish of June to three,506.4 $BTC. H100 stated the acquired corporations had no excellent monetary debt.
No money was paid for that acquisition. H100 issued 790,534,666 new shares to the sellers at SEK 1.86 every, representing consideration of roughly SEK 1.47 billion. The brand new shares elevated H100’s excellent share rely to 1,128,931,358 instantly after the transaction.
The share subject represented roughly 70% of H100’s excellent shares after closing. Geir Harald Hansen acquired a controlling place of roughly 69.2% by means of 781,676,551 shares following the deal, based on H100’s interim report.
H100 described the transaction as “the most important M&A transaction ever accomplished within the European Public Bitcoin Fairness sector” and the primary public-market acquisition accomplished on a Bitcoin-for-Bitcoin foundation. These descriptions are firm claims and weren’t independently established throughout all European and international public-market transactions.
As crypto.information beforehand reported, the agreed valuation used Bitcoin at SEK 598,926.69, roughly $62,900, primarily based on the Coinbase $BTC/SEK spot value on the specified July 31 reference time. The determine was an acquisition valuation benchmark, not an open-market buy value for two,455.37 $BTC.
Bitcoin publicity has grow to be central to H100’s steadiness sheet
H100 started its Bitcoin treasury technique on a a lot smaller scale. Its first buy in Could 2025 concerned 4.39 $BTC, after which the corporate raised fairness and convertible financing to construct its holdings.
By June 30, 2026, the corporate held 1,051.03 $BTC earlier than the Norwegian acquisition practically tripled that quantity. H100 describes itself as a expertise firm serving well being and longevity suppliers whereas operating an lively Bitcoin treasury technique.
The Bitcoin publicity has made H100’s reported earnings delicate to cryptocurrency costs. Its second-quarter report confirmed an working lack of SEK 88.7 million and a pre-tax lack of SEK 98.2 million. H100 stated SEK 93.3 million of the pre-tax loss consisted of things that didn’t have an effect on money circulation.
For the primary half of 2026, the corporate reported a SEK 253.6 million pre-tax loss, whereas working money circulation was unfavourable SEK 12.7 million. Its fairness ratio stood at 86% at June 30.
As crypto.information reported after the outcomes, a lot of the quarterly accounting loss was linked to a non-cash write-down related to Bitcoin’s decrease valuation through the reporting interval.
Grøttum wrote within the interim report that merely elevating funds to build up Bitcoin was “unlikely to be ample by itself” for treasury corporations. He stated H100 deliberate to make use of capital allocation, capital-markets exercise, acquisitions and working money circulation alongside its Bitcoin holdings. The assertion describes administration’s technique and doesn’t assure future returns.
H100 is contemplating future share buybacks
The insider buy follows a separate H100 announcement on Sept. 16 regarding new Swedish share-repurchase guidelines. Beginning Dec. 5, Swedish public corporations whose shares commerce on multilateral buying and selling amenities will probably be permitted to repurchase and maintain their very own shares. The change covers NGM Nordic SME, the place H100 trades.
Grøttum stated repurchases may grow to be one among a number of capital-allocation choices, significantly when H100 shares commerce beneath web asset worth. His feedback describe a possible future software, not an introduced repurchase program.
H100 explicitly stated no choice has been taken to repurchase its personal shares. Any future program would require authorization from shareholders adopted by a board decision and disclosure below the relevant guidelines. The corporate’s Sept. 17 insider submitting didn’t announce a change to its Bitcoin treasury, leaving the newest disclosed steadiness at 3,506.4 $BTC.
