On January 12, Swedish publicly traded Bitcoin reserve firm H100 Group signed a letter of intent to acquire Swiss-based Bitcoin treasury firm Future Holdings AG. The proposed deal marks H100’s official foray into the Swiss market, and will bolster its Bitcoin vault infrastructure and capital markets operational capabilities. To date, H100 Group holds over 1,000 Bitcoin in reserve. Its stock has risen 20.41% over the past week, with its market capitalization currently standing at 22.25 million Swedish kronor (roughly $2.42 million).
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