Key facts
- H100 Group reported a pre-tax loss of 253 million Swedish kronor ($26 million) for the first half of 2026.
- The majority of the loss was a non-cash write-down attributed to Bitcoin's price decline.
- H100 Group's Bitcoin holdings increased to 3,506 BTC after acquiring two Norwegian firms.
- The company is now Europe's second-largest Bitcoin treasury firm by holdings.
- H100 Group's share price has declined 24% year-to-date.
Sweden-listed H100 Group reported a pre-tax loss of 253 million Swedish kronor ($26 million) for the first half of 2026, primarily driven by a non-cash write-down resulting from the decline in Bitcoin's value during the period. The company's interim report, published on Wednesday, also showed operating income of 6.1 million kronor for the first half, an increase from 5.8 million kronor in the same period last year. H100 Group's Bitcoin holdings surged to 3,506 BTC, valued at approximately $226 million, after acquiring two Norwegian Bitcoin treasury firms earlier in August. This acquisition positioned H100 as Europe's second-largest Bitcoin treasury company, trailing only Germany's Bitcoin Group, which holds 3,605 BTC. On Tuesday, H100 Group's share price fell by 4.2%, extending its year-to-date decline to 24%.