Medical companies want to buy $1 billion worth of Bitcoin? Nasdaq-listed companies are being aggressive.
Nasdaq-listed company BMGL is advancing a plan to purchase up to $1 billion worth of Bitcoin, aiming to complete this transaction through a share swap.
Why has a medical company suddenly focused heavily on Bitcoin?
BMGL plans to completely upgrade its asset structure to provide funding ammunition for its upcoming expansion of medical business in the Asian market. This move will become a rare example of "corporate + crypto" operations in the healthcare field in the Asia-Pacific region.
The large-scale allocation of Bitcoin on corporate balance sheets is not an isolated case, but a trend. If BMGL's acquisition goes through, it may trigger more listed companies to enter the market.