Daily Market Updates: H100 reports $26M H1 loss tied to falling Bitcoin value

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H100 reports $26M H1 loss tied to falling Bitcoin value

The company said the half-year loss came as it reported the impact of a lower Bitcoin value after completing acquisitions to expand its treasury holdings.

Reported · Written up by our desk · Market Structure

Cointelegraph reports that Sweden-based H100 posted a $26 million loss for the first half of the year.

The outlet links the result to a decline in Bitcoin value, noting the firm completed its acquisitions as part of an effort to become Europe’s second-largest Bitcoin treasury by holdings.

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CointelegraphSweden’s H100 reports $26M H1 loss driven by falling Bitcoin value

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H100 reports $26M H1 loss tied to falling Bitcoin value

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