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

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Sweden’s H100 reported a $26 cardinal nonaccomplishment for the archetypal fractional of the year, arsenic it completed its acquisitions to go Europe’s second-largest Bitcoin treasury by holdings.

Sweden-listed health-tech and Bitcoin treasury institution H100 Group reported a pre-tax nonaccomplishment of 98 cardinal Swedish kronor ($10.3 million) for the 2nd 4th and a nonaccomplishment of 253 cardinal kronor for the archetypal fractional of 2026.

H100 besides reported 3 cardinal kronor successful operating income, level with Q2 2025, and 6.1 cardinal kronor for H1 2026, up from 5.8 cardinal kronor for H1 2025, according to its interim report published connected Wednesday.

Nearly each of the Q2 nonaccomplishment was a non-cash write-down attributed to Bitcoin’s (BTC) terms diminution during the period, the institution said successful a Wednesday X post.

H100 became Europe’s second-largest Bitcoin treasury institution earlier successful August, aft acquiring 2 smaller Norwegian Bitcoin treasury firms on with their cryptocurrency holdings.

The woody brought H100’s Bitcoin holdings to 3,506 BTC, oregon astir $226 million, making it Europe’s second-largest Bitcoin treasury institution by holdings, down Germany’s Bitcoin Group with 3,605 BTC, according to BitcoinTreasuries

H100 Group’s stock terms fell 4.2% connected Tuesday, extending its 24% year-to-date decline, according to StockAnalysis data.

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