Eirik Grøttum

CEO @H100Group

[Eirik Grøttum @eirikgro]

@Ksidiii @WillAmbrus Well deserved @Ksidiii @WillAmbrus

[Eirik Grøttum @eirikgro]

@Ksidiii True. Same questions you would typically ask before investing in any business.

[Eirik Grøttum @eirikgro]

@ADLssons @Sanderandersenn I think the most important principle is that we don’t get paid unless we outperform BTC. BTC is the hurdle rate, as mentioned in our Q2 report.

[Mr.Andersen @Sanderandersenn]

Today we formally appointed @PeterCWarren as Chief Investment Officer of H100.

Peter and Eirik managed the Bitcoin we just acquired for years.

Now they do the same work inside @H100Group with 3,506 Bitcoin on the balance sheet.

I'm very much looking forward to working with both @eirikgro and Peter.

[Mr.Andersen @Sanderandersenn]

Today we completed the largest M&A transaction in the history of European public Bitcoin Equity.

It is also the first in the world done Bitcoin for Bitcoin.

H100 acquired 2,455 BTC at around 62,900 dollars per bitcoin, taking our holdings from 1,051 to 3,506 Bitcoin.

No cash changed hands. The company we acquired carries no debt, and we took on none to buy it.

The deal was priced at 1.0x mNAV, Bitcoin valued in Bitcoin on both sides of the table. That counts each H100 share at SEK 1.86, its bitcoin value.

Sats per fully diluted share went from 288 to 303, up 5%.

Just as important is who joins us. A team whose technology and market capabilities complete our own, and a principal owner who has spent more than a decade building Bitcoin infrastructure and holding Bitcoin.

Together we can accomplish things neither of us could alone.

[Mr.Andersen @Sanderandersenn]

Today, @H100Group shareholders approved the authorization required to complete the acquisition of Moonshot AS and Never Say Die AS.

The transaction will take H100 from 1,051 BTC to approximately 3,500 BTC.

A major step for the company.

[Eirik Grøttum @eirikgro]

@nntaleb Now the real test of democracy is whether or not bad leaders and policies can be removed without violence.
#Popper.

[Kris Sidial🇺🇸 @Ksidiii]

This month is turning out to be amazing. But August of last year was a special month for us as well.

It’s been cool to see the volatility markets come alive.

[Pål Ringholm @PRingholm]

Ja, skal si dette var det rette tidspunktet for mindre egenkapital for landet helt oppe i det høyre hjørnet

[Darren r-σ²/2 @ReformedTrader]

Paste without formatting: Control-shift-v

[Eirik Grøttum @eirikgro]

@acrimonyand Is the silent majority being overshadowed by the intolerant minority?

[Eirik Grøttum @eirikgro]

@ChristinGorman Invention and innovation are not necessarily the same. Innovation is an evolutionary process. Almost everything around us of practical value comes from the process of taking existing ideas and improving on them to create something better.

[Doc Norton @DocOnDev]

It is way easier to claim you saved money by hiring “lower cost" talent when you ignore cost of management, cost of delay, cost of handoffs, cost of defects, and cost of maintenance.

[Doc Norton @DocOnDev]

The agile manifesto says:

"We are uncovering better ways of developing software by doing it and helping others do it."

NOT

"We know the one true way to manage the software lifecycle. We don't actually write software, but we can certify you."

[Mark Dalgleish @markdalgleish]

When you're using the new tech stack but it's only for a single feature.

[Erik Rasmussen 👨‍💻🇺🇸🇪🇸 @erikras]

When you merge a branch that hasn’t been part of master for a looooong time.

#ReactAlicante

[Luke Wroblewski @LukeW]

a Kinect now fits on your smartphone. but no.. let’s talk about the layout of Web pages in landscape mode instead.

[image copy updated]