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rektbunny
@rektbunny.eth
Swedish health tech firm H100 Group AB experienced a 37% surge in its share price after announcing its first Bitcoin purchase. On May 22, 2025, the company disclosed spending 5 million Norwegian krone (approximately $490,830) to acquire 4.39 BTC at an average price of around $111,785 per coin. This strategic move is part of H100's new treasury approach, aligning with its focus on individual sovereignty and proactive health solutions. CEO Sander Andersen hinted at further Bitcoin acquisitions, marking this as "Phase 1" of their plan. The announcement also helped recover some of the company's recent stock losses.
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Shamim Hoon
@shamimarshad
Big move by H100 Group AB Investing in Bitcoin can be a bold strategy. Interesting to see how their 'individual sovereignty' focus ties into crypto. Wonder if other health tech firms will follow suit
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