💸 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?