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Basel Medical Group Ltd Kicks Off US$ 1.0 Billion Bitcoin (BTC) Acquisition Strategy Move

  • On May 16, 2025, Basel Medical Group Ltd revealed its intention to obtain Bitcoin valued at $1 billion through a novel share-swap transaction in Singapore.
  • The company has entered exclusive talks with a group of institutional backers and affluent private investors to diversify its treasury assets and enhance its financial stability.
  • BMGL aims to use the capital infusion to support mergers, acquisitions, infrastructure investments, and to maintain its core focus on growing medical services across emerging Asian markets.
  • Dr. Darren Chhoa, CEO, highlighted that the planned $1 billion capital increase will significantly enhance their ability to pursue growth across Asia while adhering to prudent financial practices.
  • If completed, this significant deal would position BMGL with one of the most robust financial foundations in the Asian healthcare sector and substantially improve its capacity to quickly capitalize on strategic growth initiatives.
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Globe Newswire broke the news in on Friday, May 16, 2025.
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