H100 Group Completes Acquisition of Future Holdings and Expands Into Switzerland

H100 Group AB (listed on NGM Nordic SME) has completed its acquisition of Future Holdings AG, obtaining 100 percent of the shares in the Switzerland-based Bitcoin treasury and capital markets company.

H100 Group AB has completed the acquisition of @future_hodlings, a Swiss-based Bitcoin treasury and capital markets company.

As part of the transaction, @RichardByworth, @SYZCAP and @HUGESKY852 will take on active roles as consultants to H100, with proposed board appointments… pic.twitter.com/PKsDTWrqHu
— H100 (@H100Group) February 12, 2026

The transaction follows a previously announced letter of intent outlining H100’s planned expansion into Switzerland and establishes an operational base in the country.

In connection with the deal, Richard Byworth, Marc Syz, and Donald Ewer will serve as consultants, advising management on strategy, capital markets initiatives, institutional partnerships, and the development of Swiss operations.

Shareholders representing more than 20 percent of H100’s shares and voting rights, including Blockstream CEO Adam Back, have requested that an extraordinary general meeting be convened.

The proposed meeting would consider appointing Byworth as Chair of the Board and Syz and Ewer as members of the Board of Directors.

H100 acquired all outstanding shares in Future Holdings AG for total consideration of SEK 6,890,740.

The purchase was executed through a set-off issue of 3,146,456 newly issued H100 shares at a subscription price of SEK 2.19 per share.

The subscription price was based on the closing share price on the last trading day prior to signing and announcing the letter of intent and reflected an approximately 70 percent premium at that time.

The Board of Directors approved the issuance under authorization granted at the annual general meeting held on September 18th, 2025, and the newly issued shares were allotted to the sellers of Future Holdings AG.

Following completion of the transaction, H100’s total number of shares will increase by up to 3,146,456, with share capital rising by up to SEK 314,645, representing approximately 1 percent dilution of total shares and voting rights.

H100 Group operates a health technology business providing digital tools and automation solutions to health and lifestyle service providers alongside an active Bitcoin treasury strategy.

The company reports holding 1,046 Bitcoin on its balance sheet and states that it is the largest Bitcoin treasury company in the Nordic region.

The company has previously disclosed external support for its Bitcoin treasury strategy from Adam Back who has publicly described Bitcoin as “digital gold.”