Future Holdings Merges with H100 to Expand Bitcoin Market in Switzerland
Future Holdings to be Acquired by H100
Future Holdings, a Swiss company managing a Bitcoin fund and supported by Adam Back, has accepted a takeover proposal from the Swedish-listed group H100. This strategic move aims to expand operations in Switzerland.
The Bitcoin market company announced that it has signed a non-binding letter of intent with H100 for the acquisition of 100% of its shares. Richard Byworth, President of Future Holdings, stated that "combining Future with H100 creates a public market platform and a governance framework essential for building long-term institutional credibility in the Swiss market."
The proposed acquisition comes a few months after Adam Back co-founded Future Holdings in November 2025, successfully raising $35 million for its Bitcoin fund.
H100 has valued the acquisition of Future Holdings at approximately 375,000 Swiss Francs (about $471,000), plus the company's cash balance at the time of closing. The total purchase price is expected to be around 600,000 Swiss Francs (approximately $753,000), according to the official announcement.
The transaction is set to be completed in January 2026, subject to detailed analysis and approval from the necessary authorities. This acquisition marks an important step for H100 in its plan to expand beyond the Nordic region and position itself as a leader in the Bitcoin fund and financial platform market in Europe.
Sander Andersen, President of H100, emphasized the significance of this transaction, stating that "this supports H100's expansion into Switzerland, where we see significant potential due to institutional investor interest in new approaches to capital allocation."