Bitcoin Bets Fuel Stock Surge at H100, Jiuzi Eyes 1,000 BTC

H100 Stock Soars, Jiuzi Plans 1,000 Bitcoin Buy

Two international companies are making waves by embracing Bitcoin as a treasury asset, underscoring a growing corporate trend toward crypto integration.

Swedish health tech firm H100 Group AB saw its stock skyrocket by 37% on May 22 after revealing a Bitcoin purchase worth 5 million Norwegian krone (approx. $490,830). The firm acquired 4.39 BTC at an average price of $111,785 per coin. CEO Sander Andersen labeled the move as part of “Phase 1” of a broader strategic shift, hinting that more Bitcoin buys could be on the horizon.

The announcement helped reverse recent losses, as H100’s stock closed at 1.22 Swedish krona ($0.13) on the Nordic Growth Market after falling 46% in the past two months. Andersen linked the investment to the company’s mission of personal health empowerment, aligning with Bitcoin’s philosophy of individual sovereignty.

Meanwhile, Nasdaq-listed Jiuzi Holdings, a Chinese electric vehicle retailer, announced board approval for a bold plan to acquire 1,000 Bitcoin over the next year. Funded by a mix of cash reserves and new stock issuance, the acquisition is designed to improve the company’s asset diversification and financial resilience.

Despite the size of the announcement, Jiuzi shares (JZXN) rose 7.3% to $3.09, a more muted reaction than H100’s. CEO Tao Li acknowledged Bitcoin’s volatility but emphasized its long-term strategic value.

The shift reflects a growing trend. According to BitcoinTreasuries.NET, 109 publicly traded companies now hold Bitcoin on their balance sheets, signaling increasing institutional confidence in the digital asset as a store of value.