Bitcoin
H100 Group CEO Eirik Grøttum has increased his exposure to the Swedish Bitcoin treasury company through purchases totaling 407,163 H100 shares for SEK 621,887, while the company continues to report 3,506.4 BTC on its balance sheet.
According to H100’s Sept. 17 primary-insider disclosure, Kode Oslo AS purchased 405,663 shares on Sept. 15 at an average price of SEK 1.53 and another 1,500 shares on Aug. 19 at SEK 1.40. The combined average purchase price was SEK 1.53 per share.
Following the transactions, Kode Oslo owns 2,771,787 H100 shares. Grøttum serves on Kode Oslo’s board, owns 20% of the company and participates in its investment decisions. A second related entity, Olav Grøttum Holding AS, owns another 2,627,677 H100 shares and is fully owned by Grøttum.
Combined, the two entities now hold 5,399,464 H100 shares. The disclosed transaction concerns H100 equity rather than a new Bitcoin acquisition by the company, leaving its reported Bitcoin position at 3,506.4 BTC.
Grøttum became H100’s CEO on Aug. 11, one day after the company completed its large Norwegian Bitcoin-related acquisition. His previous experience includes serving as CEO of Moonshot AS and working with H100 Chief Investment Officer Peter C. Warren on Bitcoin holdings through Moonshot. H100 said his background includes software development, quantitative trading, asset management and fintech.
