Building Europe’s Bitcoin Treasury Giant

Bitcoin treasures back in focus.

Michael Sailor's strategy turning its attention to building out cash reserves and offloading over 1600 bitcoins to do so.

And in Europe, Swedish company H100 Group pivoted from wealth Health tech and is aiming to be one of the continent's biggest treasures.

It's about to close a key M&A transition in Europe, which will take its Bitcoin holdings up to about 3500.

So joining me to discuss more is Sander Anderson, executive chairman and co-founder of H100 Group.

Sander, good morning and thank you so much for joining us here.

Good morning and thank you so much for having me.

All right, so let's go ahead and start off with the Treasury trade.

H100's group acquisition to two Norwegian companies is about to close.

So, this will take your Bitcoin supply to about 3500.

Take us through this.

So the transaction is, is the first, um, and, and biggest M&A transaction done in Europe, uh, in, in our industry, and it's structured quite uniquely.

We decided together with the, the owner of the other firm to do it uh as a Bitcoin for Bitcoin acquisition, meaning regardless of the share price, um, it was the Bitcoin contributed to the deal that was, um, basically giving the ownership of the new structure.

So before this transaction, we had 1,051 Bitcoin and these transactions adds another roughly uh 2450 Bitcoin on a Bitcoin uh per Bitcoin uh deal.

So obviously that takes us to be a challenger in Europe, uh, to be one of the, the largest players in Europe, and we aim to accumulate more.

But this shows that even in a tough environment, we are able to do M&A transactions as long as the other participant is also a Bitcoiner and value the Bitcoin or Bitcoin the same.

All right, so we also saw a strategy sell off over 1600 Bitcoin to build out its cash reserves.

So were you surprised by this and where do you, where do crypto treasures, treasuries stand right now?

Uh, I think, uh, how we look at it is Bitcoin is a digital, um, commodity, and with that commodity you can do multiple things.

Michael Saor has gone the digital credit path.

Which obviously requires some cash, um, but we, on the other side, we decided to do an M&A strategy where we don't have any current debt that has any interest bearing, um, and therefore, uh, our strategy is a little bit different.

So I'm not surprised that Thaler is selling.

I think it's good that he shows the market that he can sell, and it shows that he has issued some, some great products in the market and that helps the, the whole industry.

So now let's turn over to the crypto major itself.

Where do you feel Bitcoin stands right now as it's still range bound and in the 10th month of a bear market?

So obviously, it's a lot of expectations to the 4-year cycle, um, and I think that the market thinks that it will bottom up, bottom around October this year.

For us as a public, uh, listed Bitcoin treasury company, we aim to increase Bitcoin per share for our shareholders and therefore, the Bitcoin price is not something we focus on day to day, but we focus on how we can Generate more Bitcoin per share for our shareholder over time.

So, I'm obviously a, a long term, uh, long term bullish on, on Bitcoin, but it's very hard to say where Bitcoin is going in, in the short term.

So, what catalysts and risk factors are you watching that could help Bitcoin break out or worsen the bear market?

So from our experience, when we talk, um, especially with banks, And uh that's true for European banks um in, in the EU but also Switzerland and, and the Nordics.

We see that most of the big banks are now preparing to offer Bitcoin solutions for, for their customers.

That means they are preparing for custody, but they're also preparing for, uh, trading, but more importantly, they're more open for corp like banking, these corporations.

And, and we see that basically from, from most of the significant banks out there, they are preparing for onboarding Bitcoin companies and offering them services.

And for me, that's one of, one of the fundament fundamental development which makes me very bullish on Bitcoin going forward.

And the last question, do you have any other plans to add to your Bitcoin stack at the moment?

We obviously have found a way to do Bitcoin for Bitcoin transactions and have been one of the few that have done multiple M&A transactions.

Uh, we like to be deal-focused.

It builds on top of the history of, of Nordic commodity companies, so yes, we are looking to accumulate more Bitcoin, but we will only accumulate more Bitcoin if it's accreted for, for our shareholders.

Also Sander Anderson, thank you so much for joining us again, executive chairman and founder of H100 Group.

Thank you so much.