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Basel Medical Group Ltd ( (BMGL) ) has issued an announcement.
On May 16, 2025, Basel Medical Group Ltd announced the initiation of a US$1 billion Bitcoin acquisition strategy to diversify its treasury reserves while focusing on expanding its medical services. This strategic financial move aims to enhance the company’s balance sheet, providing financial flexibility for mergers and acquisitions, and positioning it as a leading healthcare provider in Asia. The acquisition, involving a share-swap arrangement with institutional investors and high-net-worth individuals, is expected to be finalized within the current quarter, pending regulatory approvals.
More about Basel Medical Group Ltd
Basel Medical Group Ltd is a Singapore-based provider specializing in orthopedic and trauma services, sports medicine and surgery, orthopedic procedures, and neurosurgical treatments. With over 20 years of experience, the company has established strong relationships with corporations in construction, marine, and oil & gas industries, positioning itself well in the private healthcare industry across Southeast Asia.
Average Trading Volume: 645,535
See more insights into BMGL stock on TipRanks’ Stock Analysis page.