"The agreement, announced today to Bitcoin Magazine, would give H100 full ownership of Future and mark its first major expansion outside of the Nordic region. The proposed acquisition aligns with the company's goal to strengthen its Bitcoin treasury capabilities and engage more directly with European institutional investors. Switzerland is seen as a strategic market, known for its strong currency, deep capital markets expertise, and sophisticated fixed-income investor base."
"Future Holdings has carved out a niche in Switzerland for institutional Bitcoin treasury management. The company's governance structures and capital market experience are tailored to local regulations, and it has previously explored a public listing. While that process did not move forward, the company said combining Future with its listed Swedish platform creates a new opportunity for regulatory and operational alignment, potentially appealing to institutional investors seeking transparent exposure to Bitcoin."
H100 Group signed a letter of intent to acquire Future Holdings AG, giving H100 full ownership and marking its first major expansion beyond the Nordic region. The acquisition aims to strengthen Bitcoin treasury capabilities and increase engagement with European institutional investors. Switzerland is targeted for its strong currency, deep capital markets expertise, and sophisticated fixed-income investor base. Adam Back provided a SEK 21 million convertible loan with an option to expand to SEK 277 million to support the Bitcoin treasury strategy. Future specializes in institutional Bitcoin treasury management, has governance and capital markets experience aligned with local regulations, and previously explored a public listing. The proposed purchase price is CHF 375,000 plus the company's cash balance (about CHF 600,000 total), payable via newly issued H100 shares, with completion subject to due diligence and regulatory approvals.
Read at Bitcoin Magazine
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