Basel Medical begins negotiations for $1B bitcoin acquisition

Basel Medical (BMGL) Group has begun exclusive negotiations for a $1N BTC acquisition that will diversify its treasury reserves to a very large extent, while maintaining its core focus on medical services expansion. This is a major strategic financial initiative to strengthen its balance sheet and support its aggressive expansion across Asia’s high-growth healthcare markets. BMGL is in advanced discussions with a consortium of institutional investors and high-net-worth individuals, who are influential in the crypto space, to acquire a $1B BTC through an innovative share-swap arrangement. Management believes that this landmark transaction, if successful, will represent one of the largest corporate balance sheet enhancements in the Asia-Pacific healthcare sector. The Company expects to finalize terms this current quarter, subject to standard closing conditions and regulatory approvals.