Norway
H100 has signed a letter of intent to acquire Moonshot AS and Never Say Die AS, issuing new shares in exchange for the two firms' bitcoin holdings to bring its treasury to roughly 3,500 BTC. The move signals a strategic push to scale H100’s crypto reserves while using equity as consideration.
Norway’s sovereign wealth fund increased its Bitcoin exposure by 149% in 2025, bringing holdings to 9,573 BTC and backing positions in major crypto-focused companies. The step highlights rising institutional demand and could tighten available supply for BTC.
Norway aims to introduce a temporary ban on highly energy-consuming crypto mining data centers starting autumn 2025 to conserve electricity for other industries. This move addresses environmental and economic concerns linked to cryptocurrency mining.
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