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

Crypto

Home›Crypto›Market Structure›H100 reports $26M H1 loss tied to falling Bitcoin value

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.

Latest closeBitcoin $81,906.63 ▼1.4%

← Newer storyGold and silver jump as Treasury plans to double long-dated buybacks Older story →Copper rallies as mine shortages tighten a structural supply squeeze

More like this

CryptoBase apps can embed variable-rate stablecoin lending and crypto loans

CryptocirBTC borrowing on Morpho tops $190 million as USDC usage shifts

CryptoKSD platform integration targets Avalanche and Hyperledger stacks

CryptoEthereum Name Service proposes ENSv2 activation without forcing .eth migration

CryptoBitcoin exchange supply fell as price held near $83,485

Sources

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

Crypto

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

More like this

Sources

Get the close, explained.