H100 Faces $26M Loss from Bitcoin Decline Amid Centrifuge's Liquidity Expansion
H100 Faces $26M Loss from Bitcoin Decline Amid Centrifuge's Liquidity Expansion
Sweden's H100 has reported a significant $26 million loss in the first half of the year, primarily attributed to the falling value of Bitcoin, even as the company solidified its position as Europe's second-largest Bitcoin treasury. Concurrently, Centrifuge has expanded its institutional offerings by integrating the Symbiotic liquidity network across $1.6 billion in funds managed by Janus Henderson and NYLIM, providing immediate USDC liquidity for eligible holders.
Symbiotic’s Liquid Lane gives eligible holders immediate USDC liquidity across three Centrifuge funds managed by Janus Henderson and NYLIM.
Sweden’s H100 reported a $26 million loss for the first half of the year, as it completed its acquisitions to become Europe’s second-largest Bitcoin treasury by holdings.