Swedish Health Firm Jumps 37% on First Bitcoin Buy, China EV Seller to Buy 1K BTC

Following this announcement, H100 Group AB joins the growing group of companies that are integrating Bitcoin into their treasury, this as part of a medium/long-term investment strategy. *** The medical technology firm acquired 4.39 BTC as part of a long-term plan. It plans to continue to accumulate Bitcoin with a strategic vision and financial resilience. The CEO considers BTC to be a saving technology rather than a speculative asset. Sweden-bas…

Nordic and Chinese Companies Join Corporate Bitcoin Treasury Adoption Wave

Swedish health technology company H100 Group AB saw its shares rise 37% on May 22 after purchasing 4.39 Bitcoin for 5 million Norwegian krone ($490,830). The Stockholm-based firm bought Bitcoin at an average price of $111,785 per coin. Bitcoin Magazine reports H100 is Sweden's first publicly listed health tech company to adopt Bitcoin as treasury reserve asset.The company's stock closed at 1.22 Swedish krona on the Nordic Growth Market, recoveri…

Swedish tech firm H100 Group gains nearly 40% on first Bitcoin treasury buy

Swedish tech firm H100 Group rallied almost 40% on news of its $490,000 Bitcoin purchase aimed at diversifying company reserves. As more tech firms turn to Bitcoin as a treasury asset, Sweden’s health tech company H100 Group AB has followed…

Swedish Health Tech Firm Soars 37 % After First Crypto Treasury Buy

The announcement propelled its shares 37 percent higher on the Nordic Growth Market, reversing weeks of losses.

Swedish Healthcare Firm H100 Group Buys 4.39 BTC, Becomes Sweden's First Public Bitcoin Treasury Company

Swedish healthcare company H100 Group AB has acquired 4.39 bitcoins, becoming the first publicly listed company in Sweden to hold Bitcoin in its treasury. This move aims to enhance the firm's financial sovereignty and innovation. The acquisition positions H100 Group as a pioneer in Sweden's corporate adoption of cryptocurrency. Separately, Europe's first Bitcoin treasury company, The Blockchain Group, recently purchased 227 bitcoins for €21.2 mi…

Swedish Health Giant Soars 37% After First Bitcoin Purchase, China EV Dealer Buys 1K BTC

In a surprising turn of events, a Swedish health company’s stock price has surged by 37%, following its announcement of significant Bitcoin investments. The decision to include cryptocurrency in its asset management strategy marks a pivotal moment not only for the company itself but also brackets the increasing acceptance of digital currencies in mainstream finance. Strategic Investment in Bitcoin Amidst volatile market conditions, the Swedish h…