Basel Medical Group Invests $1 Billion in Bitcoin: A Major Crypto Move for Healthcare

Basel Medical Group, a leading healthcare provider based in Singapore, has announced an ambitious plan to invest $1 billion in Bitcoin. This move, which aims to diversify its financial reserves and expand operations in Asian markets, has sparked mixed reactions from investors. Shares of the company have fallen over 14% since the announcement, reflecting investor caution regarding such a significant investment in volatile cryptocurrency.