Basel Medical Group Invests $1 Billion in Bitcoin to Fuel Asia Expansion

Basel Medical Group (BMGL), a Singapore-based healthcare provider, is planning to invest $1 billion in Bitcoin as part of a strategic diversification plan. The move aims to bolster its financial stability and support expansion into Asian markets. 💰
BMGL’s decision comes as the use of digital assets for treasury management gains traction amongst corporations globally. Tesla’s recent investment in Bitcoin, MicroStrategy’s ongoing cryptocurrency strategy, and other public companies are setting a precedent for this trend.