Strategy Acquires $1.25 Billion in Bitcoin While Swedish Firm H100 Expands Through Swiss Acquisition

Strategy Makes Largest 2026 Bitcoin Purchase

Michael Saylor's Strategy has executed a significant Bitcoin acquisition, purchasing 13,627 BTC for $1.25 billion at an average price of $91,519 per coin, according to a recent SEC filing ^[1]. This transaction represents the company's largest Bitcoin purchase in 2026 and its biggest since July 2025, exceeding two separate $1 billion acquisitions made in December 2025 ^[1].

The purchase brings Strategy's total Bitcoin holdings to 687,410 BTC, which were acquired for a cumulative $51.80 billion at an average cost of $75,353 per Bitcoin ^[1]. The company funded this latest acquisition through equity sales, generating net proceeds of $119.1 million from selling 1.2 million STRC shares and $1.13 billion from selling 6.8 million MSTR shares ^[1].

This marks Strategy's second Bitcoin purchase of the year, following an earlier acquisition of 1,286 BTC for $116 million between December 29 and January 4 ^[1]. The announcement came shortly after Saylor posted a hint on X, sharing the company's Bitcoin portfolio tracker with the caption "₿ig Orange" ^[1].

Timing Ahead of CLARITY Act

The purchase comes as Bitcoin's price hovers around the $90,000 level, briefly reaching $92,000 earlier following news of a criminal investigation into Federal Reserve Chair Jerome Powell before retracing most gains ^[1]. Strategy's stock (MSTR) remained largely flat, trading around $157, roughly unchanged from the previous week's close ^[1].

The timing of this acquisition precedes the CLARITY Act markup scheduled for this week, legislation that could serve as a significant catalyst for the cryptocurrency market if it passes committee approval and advances to the Senate floor ^[1].

Swedish Firm Expands Into Switzerland

Meanwhile, H100 Group AB, a Swedish health technology and Bitcoin treasury company, has signed a letter of intent to acquire Future Holdings AG, a Zurich-based Bitcoin treasury firm ^[2]. The agreement would provide H100 with full ownership of Future and represents its first major expansion outside the Nordic region ^[2].

Under the proposed terms, H100 would acquire 100% of Future's shares for CHF 375,000 plus the company's cash balance, bringing the total to approximately CHF 600,000 ^[2]. The purchase price is expected to be paid through newly issued H100 shares, priced based on the most recent trading day prior to signing ^[2].

H100 currently holds 1,046 BTC on its balance sheet, making it the largest Bitcoin treasury company in the Nordics ^[2]. The company also operates in the health technology sector, offering AI-driven solutions and platform tools for health and lifestyle providers ^[2].

Strategic Market Positioning

The acquisition aligns with H100's goal to strengthen its Bitcoin treasury capabilities and engage more directly with European institutional investors ^[2]. Switzerland is viewed as a strategic market due to its strong currency, deep capital markets expertise, and sophisticated fixed-income investor base ^[2].

Sander Andersen, H100's chairman, stated: "This transaction supports H100's expansion into Switzerland. Future brings relevant local experience, and we see Switzerland as a key market as institutional investors continue to evaluate new approaches to capital allocation" ^[2].

Richard Byworth, chairman of Future, emphasized the strategic value of the combination: "Combining Future with H100 creates a public-market platform and governance framework that we believe is essential for building long-term institutional credibility in the Swiss market" ^[2].

Completion of the H100-Future transaction remains subject to due diligence, regulatory approvals, and final transaction agreements, with both parties anticipating simultaneous signing and closing in January 2026 ^[2].