Basel Medical Group Announces Plans to Acquire $1 Billion Bitcoin
10 Articles
10 Articles
Basel Medical Group Explores $1 Billion Bitcoin Treasury Amidst Shareholder Concerns and Market Volatility
The post Basel Medical Group Explores $1 Billion Bitcoin Treasury Amidst Shareholder Concerns and Market Volatility appeared on BitcoinEthereumNews.com. The Basel Medical Group’s recent decision to invest $1 billion in Bitcoin for its corporate treasury has sent shockwaves through the market, reflecting both potential and risks in cryptocurrency adoption. The healthcare provider aims to leverage Bitcoin to create a resilient balance sheet, enhan…
Basel Medical Group to add $1B in Bitcoin to treasury amid falling share prices
Singapore-based Basel Medical Group (BMGL) announced plans to acquire $1 billion worth of Bitcoin (BTC) to strengthen its balance sheet and accelerate expansion across Asian markets. Basel also revealed that the proposed transaction is being negotiated with a consortium of institutional investors and high-net-worth individuals active in the crypto sector. Basel CEO Darren Chhoa said the $1 billion acquisition would give the firm “unprecedented …
Basel Medical Group to add $1B in Bitcoin to treasury amid falling share prices - Coin Surges
Singapore-based Basel Medical Group (BMGL) announced plans to acquire $1 billion worth of Bitcoin (BTC) to strengthen its balance sheet and accelerate expansion across Asian markets. Basel also revealed that the proposed transaction is being negotiated with a consortium of institutional investors and high-net-worth individuals active in the crypto sector. Basel CEO Darren Chhoa said the $1 billion acquisition would give the firm “unprecedented …
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