H100 Group Posts SEK 98M Q2 Loss as Bitcoin Treasury Reaches 3,506 BTC

Swedish technology firm H100 Group reported a pretax loss of 98.2 million Swedish kronor for the second quarter of 2026, driven largely by noncash accounting charges linked to a decline in the value of its Bitcoin treasury holdings. The company simultaneously announced that its Bitcoin holdings have surged to 3,506.4 BTC following the completion of a major acquisition in August.

For the April-June period, H100 Group recorded a net loss before tax of SEK 98.2 million. According to the company, noncash items accounted for SEK 93.3 million of this total, with impairment expenses related to its digital assets being the primary driver as cryptocurrency market prices fell during the quarter. Operating revenue for the period remained stable at SEK 3 million, while net sales were SEK 2.9 million, slightly down from the SEK 3 million recorded a year earlier. Operational cash flow showed improvement, narrowing to a negative SEK 5.1 million compared to the negative SEK 14.9 million in the same quarter of 2025.

The losses extended to the first half of the year. H100 Group’s pretax shortfall reached SEK 253.6 million for the January-June period, a significant increase from the SEK 26.5...