Norwegian company H100 Group has completed the acquisition of NSD AS and obtained an additional 2,455.37 BTC, bringing its total holdings to 3,506.4 BTC, valued at approximately $230 million. The purchase was made at an average price of $62,900 per bitcoin, for a total amount of $154 million. This transaction, the largest ever in the European public Bitcoin equity sector, was financed through new share issuance in an all-Bitcoin deal. The company’s overall average purchase price stands at $78,400, meaning its position remains underwater at present. H100 Group now positions itself among the largest European public entities holding Bitcoin in their treasury.
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