Bitcoin treasury firm H100 Group has started its transition to IFRS reporting, as per an X post by the company.
The change will move the company’s reporting structure from the Swedish K3 framework (according to Co-Pilot) to a more international mode of accounting, an initiative in line with the company’s long-term 21-step plan.
H100 Group AB ($H100, $GS9, $HOGPF) initiates transition to IFRS reporting.
IFRS is a globally recognized accounting framework. Compared with the Company’s current standard (K3), IFRS provides greater comparability across markets.
The adoption of IFRS will strengthen H100’s… pic.twitter.com/srDYBqbfSz— H100 (@H100Group) October 13, 2025
The official statement says the “conversion process” to a new accounting framework is expected to end by the end of 2025.
At the time of reporting, H100 AB holds 1,046 BTC, after its purchase of 21 BTC in September at an average purchase price of 1,087,519 Swedish Kronor ($114,702.25) per Bitcoin—a purchase decision made after which the board of directors appointed Johannes Wiik as the Chief Executive Officer of the company.
In October, H100 secured a domain called H100.com, a step they said would secure its brand identity.
Regarding the decision to implement a new financial reporting method, Wiik said that IFRS is an important foundation that will take the firm to the next level, and the move also allows management to show that they are moving according to the long-term plan.
According to corporate documents, H100 Group AB was formerly known as eBlitz Group AB. The firm changed its name when it completed its reverse acquisition in April 2025. Its shares currently trade on the NGM (Nordic Growth Market)