Sweden’s H100, Hong Kong’s Boyaa boards approve BTC treasury accumulation

Sweden’s H100 Group AB and Hong Kong’s Boyaa Interactive have announced massive new plans to increase their digital asset reserves. 

H100 Group AB plans to acquire two Norwegian firms to increase its holdings by 233%, while Boyaa Interactive is seeking approval to invest $70 million on top of its reserves. 

How is H100 Group scaling its Bitcoin reserves?

H100 Group AB has signed a Letter of Intent (LOI) to acquire two Norwegian companies: Moonshot AS and Never Say Die AS. Currently, H100 Group holds 1,051 Bitcoins while the two companies it’s targeting hold approximately 2,450 Bitcoins together. 

Once the merger is complete, H100’s total stash will jump to 3,501 BTC, representing an increase of roughly 233%. 

Under the terms of the deal, ownership in the new combined company will be decided by how much Bitcoin each party brings to the table. Based on the numbers, existing H100 shareholders will own about 30% of the company, while the owners of the Norwegian firms will hold 70%.

The target companies are owned by Geir Harald Hansen, the founder of the Bitminter mining pool in 2011. His pool was responsible for mining over 208,000 Bitcoins, which is about 1% of the total supply that will ever exist. 

CEO Eirik Grottum, who is a systematic trading expert, and Chief Investment Officer Peter Warren, a veteran hedge fund manager with decades of experience in global markets, will also be joining the team.

H100 has confirmed that its original health technology business will continue to operate without any changes. The company intends to sign the final agreements by April 22, 2026, with the deal closing shortly after their annual meeting on May 21.

Why is Boyaa Interactive committing another $70 million to crypto?

The board of directors of Hong Kong’s Boyaa Interactive has recommended a new purchase authorization that would allow them to spend up to $70 million on cryptocurrencies over the next year. 

In 2025, the company spent over $80 million on Bitcoin between August and November.

As of late March 2026, Boyaa holds 4,092 Bitcoins bought at an average price of $68,211 each, 302 Ethers bought at an average of $1,661 each, and 7,000,700 Tether stablecoins (USDT). 

The company’s leadership believes that the current downturn in the market is an opportunity to expand its holdings. Despite reporting a net loss for the fiscal year of 2025, the board remains committed. Boyaa stated that its cryptocurrency purchases will take place on regulated trading platforms for security and liquidity reasons. 

Boyaa plans to use these assets to fund the research and development of blockchain-based games and infrastructure. 

In 2025 alone, they added 818 Bitcoins to their treasury. Like many other companies, Boyaa views Bitcoin as a “resilient store of value” that protects its balance sheet from the risks of traditional money printing and inflation. 

A formal circular with full details is expected to be sent to shareholders by April 24, 2026.

Bitcoin is currently trading above $71,300, after surging from lows around $68,000 following President Trump’s hint at de-escalation talks with Iran, even though the regime has denied the claims.