Sweden's First Corporate BTC Move
H100 Group AB, a publicly traded Swedish health tech firm, just made national history by becoming Sweden’s first corporate Bitcoin holder. On May 22, the company announced it had acquired 4.39 BTC for 5 million Norwegian krone (~$490,830 USD), with an average price of ~$111,785 per coin. The move wasn’t just symbolic — H100’s stock skyrocketed 37% following the announcement, closing at 1.22 SEK ($0.13) on the Nordic Growth Market.
CEO Sander Andersen positioned the purchase as part of a bigger ideological shift:
We’ve acquired 4.39 BTC — officially becoming Sweden’s first publicly listed Bitcoin Treasury company.
— H100 (@H100Group) May 22, 2025
This marks the beginning of a long-term strategy to align our balance sheet with the values of sovereignty, resilience, and digital-first innovation. pic.twitter.com/KPFc0H26uv
We’ve acquired 4.39 BTC — officially becoming Sweden’s first publicly listed Bitcoin Treasury company.
— H100 (@H100Group) May 22, 2025
This marks the beginning of a long-term strategy to align our balance sheet with the values of sovereignty, resilience, and digital-first innovation. pic.twitter.com/KPFc0H26uv
A New Health Model Meets Hard Money
H100 sells health tools for individuals who want to take control of their well-being, rather than relying on what Andersen called the “reactive health system.” In an X post, Andersen labeled the purchase as “Phase 1”, suggesting further Bitcoin acquisitions could follow. The firm’s bold entrance into the Bitcoin treasury game also helped it recover some of its steep losses — H100 stock had dropped over 46% in the past two months before this announcement.
Bitcoin Goes Global, One Balance Sheet at a Time
While H100’s 4.39 BTC buy is small compared to corporate whales like MicroStrategy or Metaplanet, it signals growing international confidence in Bitcoin as a treasury asset. On the same day, China’s Jiuzi Holdings — an electric vehicle retailer — disclosed plans to accumulate 1,000 BTC over the next year, marking another major signal of corporate Bitcoin adoption in Asia. As countries like Japan, Sweden, and the U.S. see more companies adding Bitcoin to their reserves, it’s clear that Bitcoin is shifting from speculation to strategic finance.