Basel Medical Eyes $1 Billion Bitcoin Bet To Fuel Asia Healthcare Expansion
Basel Medical Group Ltd (NASDAQ:BMGL) announced on Friday that it has entered exclusive negotiations to acquire $1 billion worth of Bitcoin, marking a bold move to strengthen its financial foundation while advancing its healthcare expansion plans across Asia.The company is in advanced talks with a group of institutional backers and affluent crypto investors to execute the acquisition via a share-swap arrangement.If finalized, the transaction would significantly diversify BMGL’s treasury assets and mark one of the most sizable balance sheet overhauls in the Asia-Pacific ...Full story available on Benzinga.com
