From Cointelegraph

May 22, 2025 11:29 pm:

Swedish health tech company H100 Group AB saw a 37% rise in shares after purchasing Bitcoin for the first time, acquiring 4.39 BTC for $490,830. The company’s stock price closed at 1.22 Swedish krona following the announcement, recovering from a 46% drop over the past two months.

H100’s CEO, Sander Andersen, believes Bitcoin’s values align with their platform for individual sovereignty in health. The company sells health tools for proactive health management and hinted at more Bitcoin purchases in the future.

Meanwhile, Nasdaq-listed Chinese electric vehicle retailer Jiuzi Holdings plans to stack 1,000 Bitcoin over the next year through stock issuance and cash purchases. Despite acknowledging Bitcoin’s volatility, CEO Tao Li sees the move as strengthening the firm’s asset structure and profitability. Jiuzi’s stock rose 7.3% to $3.09 on May 22.

Read more at Cointelegraph: Swedish health firm jumps 37% on first Bitcoin buy, China EV seller to buy 1K BTC