Sweden’s H100 reports $26M H1 loss driven by falling Bitcoin value
Summary
Sweden-listed H100 Group reported a Q2 2026 pre-tax loss of 98 million kronor and a H1 loss of 253 million kronor. Operating income was 3 million kronor in Q2, flat year over year, and 6.1 million kronor for H1, up slightly from 5.8 million kronor. Nearly all of the quarterly loss came from a non-cash write-down tied to Bitcoin’s price decline. After acquiring two Norwegian Bitcoin treasury firms in August, H100 held 3,506 BTC worth about $226 million, making it Europe’s second-largest Bitcoin treasury company behind Germany’s Bitcoin Group. Its shares fell 4.2% on Tuesday and are down 24% year to date.
