H100 completes Europe's largest Bitcoin merger as reserve strategy gets hot

H100 Group has closed the biggest merger yet in Europe’s public Bitcoin treasury sector, with its holdings now standing at 3,506 BTC, which is nearly triple what it had before the merger. 

It has also helped it move clear of a cluster of European firms all racing to bulk up their corporate crypto reserves.

Capital B and Raiffeisen kept Europe busy the week before

H100’s deal is the latest in what has been a busy stretch for Bitcoin-focused digital asset treasuries in Europe. 

Five days earlier, France’s Capital B started trading its shares on Cboe Europe’s order books to give institutional buyers more access to it. Capital B’s aggregate volume doubled within two hours of the first session, according to bitcointreasuries.net. 

In Austria, a 13F filing dated August 3 showed that Raiffeisen Bank International is rebuilding its stake in Michael Saylor’s Strategy, lifting its position to around 3,081% quarter on quarter to 5,980 shares. 

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