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.
@longwalkcapital@SupBagholder Just every person i interact with everyday. They’ve never heard of ChatGPT, Gemini, or Claude and some don’t even know what AI is. They just know it’s in WhatsApp, smart and speaks there language.
@Kasbar_G@legen_eth lol. They actually round up when rounding which surprised me. So $2.5 purchases gives 8 cents so 3.2% for that transaction. Guessing a .50 purchase gives 2 cents so 4% cash back.
@CryptoOvo@legen_eth You can send to Robinhood. Then pay your card with your Robinhood brokerage you sent it too. Takes an extra step but you get the full 3% that way
@AriWagner_@DetroitPistons@NBAonNBC Today is a big one. Feels like a trap game. Should be able to win with ease but this is still an nba team and when you’re missing half your rotation it’s not easy to win no matter what.
Time for a quick check-in on Basketball Reference's MVP Tracker ("...based on a model built using previous voting results.").
Nikola Jokić (78.8%)
Shai Gilgeous-Alexander (8.9%)
Giannis Antetokounmpo (7.9%)
@Charlottean28 Reminds me of that time in the playoffs on THJ’s game winner when he was not touched and it was called so we won. Oh wait….i think i got some of those details wrong.
@SloHoopsFan Idk him shooting 21/21 from the ft line is wild. 2s looked way off but threes looked solid. You don’t make your first 21 fts of your a career if you can’t shoot
If you were to re-order the ‘24 NBA Draft, who would be the #1 pick?
Here’s my Top 10:
Stephon Castle
Matas Buzelis
Alex Sarr
Jared McCain
Zaccharie Risacher
Kel’el Ware
Jaylen Wells
Ajay Mitchell
Donovan Clingan
Kyshawn George
HMs: Collier, Bona, Edey, Missi, TSJ, Bub, Topić
@TheHoopHerald Didn’t get drafted cause pistons were that bad he refused to go there when they called him up at pick 42 lol. Great decision on his part in hindsight