Bitcoin treasury firms linked to Adam Back sign preliminary agreement to combine

Group 1 - Two companies backed by Adam Back are planning to merge to enhance their bitcoin treasury management capabilities [1] - H100 Group, a Swedish health-technology company, has signed a letter of intent to acquire Future Holdings AG, a Zurich-based bitcoin treasury company [2] - Future Holdings AG raised $35 million in November to develop a bitcoin strategy aimed at bridging traditional finance and global capital markets [2] - The acquisition would help H100 establish a presence in Switzerland, a strategic market known for its strong currency and sophisticated investor base [3] Group 2 - H100 operates as a publicly listed bitcoin treasury and capital markets company, focusing on balance sheet optimization and institutional exposure to Bitcoin [4] - H100's shares increased by 0.6% to 2.33 kronor (25 cents), resulting in a year-to-date gain of 23% [4]