Basel Medical enters $1B bitcoin purchase agreement

Basel Medical (BMGL) Group has entered into a purchase agreement with a consortium of Bitcoin holders for the purchase by the Company of up to 10,000 BTC by issuing of its ordinary shares. This purchase will diversify its treasury reserves to a very large extent, while maintaining its core focus on medical services expansion in the Asia Pacific Region. This is a major strategic financial initiative to strengthen the Company’s balance sheet and support its aggressive expansion across Asia’s high-growth healthcare markets.