A small Swedish healthcare company sparked investor excitement after adding Bitcoin to its balance sheet.
H100 Makes Its Debut Purchase
Stockholm-listed H100 Group AB disclosed it spent five million Norwegian kroner, about $491,000, on 4.39 BTC at an average price near $111,785.
The announcement propelled its shares 37 percent higher on the Nordic Growth Market, reversing weeks of losses.
CEO Sees Philosophical Fit Between Bitcoin and Preventive Health
Chief executive Sander Andersen said, “The values of individual sovereignty highly present in the Bitcoin community aligns well with, and will appeal to, the customers and communities we are building the H100 platform for.”
H100 sells at-home health tools designed for users who prefer proactive wellness over traditional “reactive” systems.
Andersen labeled the initial buy “Phase 1,” hinting at a longer-term accumulation strategy.
China’s Jiuzi Holdings Plans to Acquire 1,000 BTC
Separately, Nasdaq-listed electric-vehicle retailer Jiuzi Holdings announced board approval to accumulate 1,000 BTC through stock issuance and cash purchases within a year.
CEO Tao Li acknowledged volatility but said the move could bolster the firm’s “asset structure, risk resistance and profitability.”
Shares in Jiuzi gained about 7 percent following the news.
Corporate Bitcoin Adoption Trend Grows
According to BitcoinTreasuries NET, 109 public companies now hold the token, a figure that has climbed steadily as corporate treasurers search for non-correlated assets.
Although most adopters remain in tech or crypto-adjacent sectors, the entrance of niche health-tech and EV retailers signals broader appeal.
Skeptics caution that small caps adding Bitcoin often experience short-lived price pops, but advocates say treasury diversification can extend beyond mere headline buzz.