Shares in Swedish health tech company H100 Group AB surged 37% following its announcement of a first-ever Bitcoin purchase, while Chinese electric vehicle seller Jiuzi Holdings plans to acquire 1,000 Bitcoin over the next year. This trend reflects a growing embrace of crypto by companies seeking to diversify their assets. H100 acquired approximately $490,830 worth of Bitcoin on May 22 following its disclosure that it had spent 5 million Norwegian krone ($490,830) to purchase 4.39 BTC. Shares in the firm subsequently closed up by 37% on May 22 to reach 1.22 Swedish krona ($0.13) on the Nordic Growth Market. This move is part of a broader strategy to incorporate Bitcoin and address patient concerns about traditional healthcare systems, according to CEO Sander Andersen. Meanwhile, Chinese electric vehicle seller Jiuzi Holdings announced its intention to buy 1,000 Bitcoin over the coming year through stock issuance and cash purchases. The company’s CEO, Tao Li, acknowledged the volatility associated with Bitcoin investments but emphasized the potential benefits for asset structure, risk mitigation, and profitability. Jiuzi shares rose by a comparatively small 7.3% on May 22 to close at $3.09. Adoption of Bitcoin as a treasury asset is becoming increasingly prevalent across public companies, with over 100 firms now including the cryptocurrency on their balance sheets according to data from Bitcoin Treasuries.NET.