Swedish health tech firm H100 Group AB saw its shares rise by 37% after announcing its first Bitcoin purchase as part of a new strategy. The company invested 5 million Norwegian krone ($490,830) to acquire 4.39 Bitcoin at an average price of about $111,785. This announcement was part of a recovery from previous declines, with H100’s shares having dropped over 46% in the past two months. H100's CEO, Sander Andersen, expressed that the values of individual sovereignty in the Bitcoin community resonate with their customer base. Meanwhile, Jiuzi Holdings, a Chinese EV retailer listed on NASDAQ, disclosed plans to purchase 1,000 Bitcoin over the next year, a move expected to improve their asset structure and risk resistance despite market volatility. Jiuzi’s shares rose 7.3% following the announcement, reflecting a growing trend of public firms investing in Bitcoin, with 109 now holding Bitcoin on their balance sheets.

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