CryptoSlate
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21:20 May 16, 2025
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 post Basel Medical Group to add $1B in Bitcoin to treasury amid falling share prices appeared first on CryptoSlate.