• H100 Group signs preliminary deal to acquire Future Holdings AG.
• Bitcoin tops $92K as mining difficulty dips to 146.4 trillion.
• Adam Back supports the expansion of corporate BTC treasury operations.

Sweden-listed H100 Group has signed a preliminary agreement to acquire Swiss Bitcoin treasury company Future Holdings AG.

The deal, backed by Bitcoin pioneer Adam Back, aims to expand H100 Group’s presence into Switzerland’s institutional crypto market.

Future Holdings AG, co-founded and funded by Adam Back, specialises in managing Bitcoin treasuries for corporate clients.

The transaction is currently a non-binding letter of intent, with formal documentation and regulatory approvals needed before closing.

H100 Group Bitcoin treasury strategy

H100 Group has been actively growing its Bitcoin holdings through convertible loan agreements and treasury acquisitions.

By acquiring Future Holdings AG, H100 Group gains access to established Swiss infrastructure for managing institutional Bitcoin assets.

The proposed purchase consideration is around CHF 600,000, which includes Future Holdings’ cash on hand and payment in newly issued H100 shares.

This acquisition aligns with H100 Group’s strategy to strengthen its position as a leading corporate Bitcoin treasury company.

Adam Back’s involvement adds credibility and highlights the growing trend of institutional Bitcoin adoption across Europe.

Future Holdings AG previously raised significant capital, roughly CHF 28 million, to develop its Bitcoin treasury solutions.

The company’s expertise in regulatory compliance and treasury management makes it a valuable partner for H100 Group.

This move reflects a broader pattern of Bitcoin treasury consolidation in public markets, with firms seeking to combine expertise and infrastructure.

Bitcoin price breaks $92 as Bitcoin mining difficulty drops

Notably, the Future Holdings AG acquisition deal comes amid notable Bitcoin market developments.

To start with, Bitcoin has surpassed $92,000.

In addition, the mining difficulty has adjusted downward to approximately 146.4 trillion, providing temporary relief for miners after months of rising difficulty.

Bitcoin mining difficulty finally blinked lower in 2026, giving miners a brief breather.$BTC pic.twitter.com/S1v1LsnhMJ

— NekoZ (@NekozTek) January 11, 2026

The decline in mining difficulty signals a slight decrease in total hash power, which can affect block times and miner profitability.

For H100 Group, these market conditions highlight the growing importance of strategic BTC treasury management.

Corporate treasury companies like H100 and Future Holdings AG are positioning themselves to benefit from both price growth and institutional adoption trends.

Adam Back has been instrumental in supporting these initiatives, contributing capital and expertise to strengthen Bitcoin treasury operations.

Bitcoin price outlook

Market analysis shows that Bitcoin’s price momentum remains strong as it surpasses $92K.

However, short-term volatility is expected, with potential retracements near support levels around $88,000 to $90,000.

Continued institutional adoption, such as the H100–Future Holdings deal, could provide upward pressure on BTC.

Mining adjustments, macroeconomic conditions, and liquidity events may also influence price movements over the coming weeks.

Also, with H100 Group expanding its Swiss operations, the alignment of corporate treasury strategies and rising BTC prices may create further market interest.

Key takeaways

• LayerZero’s ZRO outperformed the market, adding over 20% to its value in 24 hours.
• The rally comes after LayerZero submitted a proposal to acquire Stargate Finance.

ZRO rallies on Stargate acquisition proposal

ZRO, the native coin of the LayerZero ecosystem, is one of the best performers in the market over the last 24 hours. The coin added 22% to its value during that time, allowing it to hit the $2.5 mark for the first time since May.

The rally was fueled by LayerZero’s proposal to acquire Stargate Finance (SGT). LayerZero Foundation proposed a $110 million acquisition of the Stargate bridge to the Stargate DAO.

With the proposal now in place, STG token holders will soon vote on the proposal. If approved, the STG token would be discontinued, and holders could swap STG for ZRO. SGT also rallied by over 15% since the announcement, as the proposal already has a 70% approval threshold. The proposal stated that,

“This offer is designed to accelerate both Stargate and LayerZero, giving Stargate the resources to ship on an aggressive roadmap that expands its prerogative outside of bridging, while tying an incredible, revenue-generating protocol that touches the end-consumer deeper into the LayerZero ecosystem.”

ZRO targets $2.8 as bullish momentum remains

The recent rally has seen the ZRO/USDT pair become bullish, with technical indicators pointing to potential upward movement. However, the pair is inefficient, suggesting that ZRO could temporarily dip to grab liquidity before rallying higher.

The RSI of 79 shows that ZRO is heading into the overbought region if the rally continues. The MACD lines are within the positive territory, indicating that buyers are currently in control.

If the rally persists, ZRO could target the next resistance level at $2.8 over the next few hours or days. An extended bullish trend could pave the way for ZRO to hit the $3 psychological mark.

However, if the market undergoes a correction or retracement, ZRO could drop to the first liquidity region at $2.0. Failure to defend this liquidity zone would see ZRO retest the TLQ at $1.89.

• CoreWeave has finalised a deal to acquire Core Scientific for $9 billion.
• The deal adds 1.3 GW of power capacity for AI and HPC expansion.
• Under the agreement, CORZ holders will get 0.1235 CoreWeave shares per CORZ share.

CoreWeave has finalized a landmark $9 billion all-stock acquisition of Bitcoin mining giant Core Scientific, in a move that underscores the company’s ambition to dominate AI and high-performance computing infrastructure.

The deal, announced on Monday, marks one of the largest takeovers in the AI infrastructure space this year and follows over a year of pursuit, with previous bids rejected for being undervalued.

CoreWeave, a fast-growing cloud provider specializing in AI workloads, is leveraging the acquisition to significantly expand its power capacity and reduce long-term operational costs.

The deal locks in $9B value with a major premium

CoreWeave’s journey to acquire Core Scientific began with a $1 billion bid in early 2024, which was firmly rejected as undervalued.

Since then, Core Scientific’s market capitalization has more than tripled, thanks to strong operational performance and renewed investor interest in crypto infrastructure.

Now, with this $9 billion agreement, CoreWeave not only gets a foothold in crypto-hosting infrastructure but also gains critical assets to fuel its broader AI ambitions.

Under the terms of the agreement, Core Scientific shareholders will receive 0.1235 shares of newly issued CoreWeave Class A common stock for every share of CORZ they own.

This exchange values Core Scientific at approximately $20.40 per share, which represents a 66% premium over its closing price of $12.30 on June 25.

The merger, expected to close in the fourth quarter of 2025 pending shareholder and regulatory approvals, will result in Core Scientific shareholders owning less than 10% of the combined company.

The stock-based nature of the transaction signals CoreWeave’s long-term confidence in its equity value and future growth strategy.

In the months ahead, attention will turn to how the company integrates these assets, repositions them for high-performance computing, and navigates potential legal challenges from shareholders.

Power capacity takes centre stage

One of the most strategic aspects of the acquisition is the scale of infrastructure CoreWeave will inherit.

The company will assume ownership of approximately 1.3 gigawatts of gross power across Core Scientific’s US data centre footprint.

In addition, the company has identified over 1 gigawatt of potential expansion capacity, giving it unprecedented leverage in scaling AI and HPC operations.

This development is critical, especially as global demand for AI computing power continues to soar and data centre capacity becomes a key constraint.

CoreWeave plans to repurpose much of this infrastructure for AI and HPC tasks, while also leaving open the option to divest some of Core Scientific’s crypto-mining assets in the medium term.

Cost savings and vertical integration boost CoreWeave

Beyond infrastructure, CoreWeave expects the merger to unlock over $500 million in annual run-rate cost savings by the end of 2027.

These savings will come primarily from eliminating more than $10 billion in expected future lease obligations over the next 12 years.

By owning its data centre assets outright, CoreWeave can streamline operations, avoid lease-related risks, and reallocate capital toward more strategic growth investments.

This vertical integration also strengthens the company’s ability to host large-scale deployments of next-generation AI hardware, such as Nvidia’s GB300 NVL72 systems.

Market reaction

While the acquisition is seen as a transformative move for CoreWeave, the immediate market reaction was mixed.

Core Scientific’s shares fell by over 15% following the news, suggesting that some investors felt the premium offered did not fully capture the company’s recent growth.

Core Scientific’s earnings more than doubled in the first quarter of 2025 to $580 million, though its revenue was dampened by the effects of the recent Bitcoin halving.

At the time of the acquisition, the company was the 33rd largest corporate Bitcoin (BTC) holder, with 977 BTC on its balance sheet.

However, CoreWeave has made it clear that this acquisition is not about returning to crypto mining but about reallocating infrastructure for AI and HPC.