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💸 Basel Medical: $1B $BTC on balance — and minus 15% on the exchange
Singapore's Basel Medical Group (BMGL) announced its intention to acquire $1 billion in BTC through a stock exchange with crypto investors. #meta — to strengthen the balance and accelerate expansion in Asia.
But the market did not appreciate it: shares fell by 15% after the announcement. Other companies soared after similar news — but here it was the opposite.
The CEO says: this is not speculation, but a strategic transformation. But investors do not believe it yet.
It is interesting whether #BMGL will become “MicroStrategy” for Asia, or is it just another experiment?
Singapore's Basel Medical Group (BMGL) announced its intention to acquire $1 billion in BTC through a stock exchange with crypto investors. #meta — to strengthen the balance and accelerate expansion in Asia.
But the market did not appreciate it: shares fell by 15% after the announcement. Other companies soared after similar news — but here it was the opposite.
The CEO says: this is not speculation, but a strategic transformation. But investors do not believe it yet.
It is interesting whether #BMGL will become “MicroStrategy” for Asia, or is it just another experiment?
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#BitcoinDunyamiz #BinanceSquareFamily
Bazel Medical Group announced #BMGL
that it will buy Bitcoin #BTC worth a billion dollars
$BTC
Bazel Medical Group announced #BMGL
that it will buy Bitcoin #BTC worth a billion dollars
$BTC
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