Basel Medical Group (Nasdaq: BMGL), a major healthcare provider in Asia, is negotiating a groundbreaking share-swap deal to acquire $1 billion in Bitcoin. This strategic move is designed to diversify its treasury assets, strengthen its financial standing, and fuel its expansion across key healthcare markets. In talks with institutional crypto investors and high-net-worth participants, BMGL aims to close the transaction by the end of the current quarter, subject to regulatory approvals. CEO Dr. Darren Chhoa emphasizes that this bold step will provide the flexibility and financial resilience necessary to pursue mergers, acquisitions, and sustained growth in Asia. The initiative highlights the increasing trend of mainstream companies leveraging Bitcoin as a core treasury asset.
A Nasdaq-listed healthcare firm acquires $1 B in BTC, diversifying treasury and supporting expansion in Asia, deal to close this quarter pending approval drchhoa,bitcoin treasury,corporate crypto
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