Basel Medical Group Signs $1 Billion Bitcoin Purchase Agreement

MT Newswires Live

2025/05/22

Basel Medical Group (BMGL) said Thursday it has signed a purchase agreement for up to 10,000 bitcoin with a consortium of bitcoin holders in a stock transaction.

The purchase, which has a market value of about $1 billion, will diversify Basel's treasury reserves and support its expansion across Asia's high-growth healthcare markets, the company said.

Price: 1.75, Change: -0.12, Percent Change: -6.47

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