H100 Group's Bold Bitcoin Bet Sends Shares Skyrocketing 40%

Swedish Health Tech Firm Jumps on the Crypto Bandwagon

Holy cow, the Swedish tech scene is on fire! H100 Group just threw down a cool $490,000 on Bitcoin, and their shares are blasting off like a rocket, soaring nearly 40%!

These tech wizards are the latest to jump on the Bitcoin train, snagging 4.39 BTC at a hefty 1,138,737 NOK each. Talk about a bold move!

Straight from the horse's mouth in Stockholm, H100 Group says this is all part of their grand "long-term Bitcoin Treasury Strategy." But don't sweat it, they're still all in on delivering top-notch tech solutions to keep those health providers happy. This is just a savvy way to flex their financial muscles with some extra cash.

"We're diving into Bitcoin like all the cool tech kids these days," says H100 Group CEO Sander Andersen. "It's all about mixing things up and keeping our treasury portfolio from being a one-trick pony."

After dropping that Bitcoin bomb, H100 Group's shares on the Nordic Growth Market went berserk, jumping 39.27% to 1.22 Swedish Krona (about $0.13). That's a massive boost, pushing their market value up to a whopping $14.84 million!

Sweden's Bitcoin Fever Spreads to Parliament

But wait, there's more! The Bitcoin bug is spreading like wildfire in Sweden. Just last month, two daring lawmakers threw down the gauntlet, urging the finance minister to start hoarding Bitcoin for the country's reserves.

Sweden Democrat Member of the Riksdag Dennis Dioukarev and MP Rickard Nordin are not messing around. They've fired off open letters to Finance Minister Elisabeth Svantesson, pushing for a national strategy that fully embraces Bitcoin as part of Sweden's financial future.

Dioukarev's not holding back, suggesting Sweden start stockpiling Bitcoin using all those confiscated crypto goodies. He's looking at what other countries are doing, like the U.S. with their fancy new national Bitcoin reserve, all funded by seized assets.

Hold onto your hats, folks. The Bitcoin revolution is hitting Sweden hard, and it's not slowing down anytime soon!