Swiss Bitcoin Treasury Future Holdings Eyes Acquisition by H100
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Future Holdings AG has entered a non-binding letter of intent that could see it acquired by Sweden-listed H100 Group. The proposed deal would involve H100 acquiring 100% of Future’s shares, creating a publicly listed Bitcoin treasury platform with a stronger institutional governance structure.
Future Holdings was co-founded in late 2025 by Adam Back alongside Richard Byworth and Sebastien Hess, raising $35 million to build a Bitcoin-focused treasury strategy. The company says a tie-up with H100 would help accelerate institutional credibility in Switzerland’s highly regulated financial market.