Deep Tide TechFlow news, on May 16, according to Globe Newswire, Basel Medical Group Ltd (Nasdaq: BMGL) today announced the launch of a $1 billion Bitcoin acquisition strategy aimed at significantly diversifying its asset reserves. This Singapore-based healthcare service provider plans to complete the transaction through innovative equity swap arrangements with institutional investors and high-net-worth individuals in the cryptocurrency space, with terms expected to be finalized within this quarter. This initiative will create one of the strongest balance sheets in the Asia-Pacific healthcare industry for the company, enhance merger and acquisition flexibility, and establish a diversified asset base to respond to market fluctuations. Dr. Darren Chhoa, CEO of Basel Medical Group, stated that this financial transformation will provide unprecedented capability to execute its growth strategy in Asia while maintaining robust financial management.

#BTC