PANews reported on March 23 that, according to official sources, Swedish listed company H100 Group has signed a letter of intent to acquire Norwegian companies Moonshot AS and Never Say Die AS through an all-stock transaction. The transaction will be structured as a Bitcoin-for-Bitcoin deal, involving no cash consideration and not diluting existing shareholders' Bitcoin holdings. Upon completion of the transaction, H100's Bitcoin holdings will increase from the current 1,051 to approximately 3,501.