Singapurense Company Basel Medical Group Ltd. (trading on Nasdaq since February. Ticker BMGL) May 16, 2025, the beginning of exclusive negotiations announced today Get Bitcoin (BTC) for a total of 1,000 million US dollars.
According to an official statement, the operation aims to strengthen the company’s balance and diversify its financial assets without focusing on expanding health services in Asia.
The acquisition takes place through an action exchange agreementworking with a consortium of institutional investors and highly heritage people, it has a strong presence in the cryptocurrency ecosystem.
Within this 20-year-old company’s objectives, it is to strengthen the financial position of mergers and acquisitions. Create one of the most robust balances among health suppliers focused on Asia. Establish a diverse asset base and face market volatility.
Dr. Darren Chhoa, executive director of BMGL, emphasized that the financial transformation will enable the region to implement more effectively the growth strategy.
The company operates a specialized clinic for orthopedics and neurosurgery. He hopes to complete the terms of the contract this quarter.
As Cryptootics reports, FOMO is unlocked by Bitcoin, an institutional sector (an acronym for “the fear of staying outside” in English). Last month, around 12 companies added more BTC to the Ministry of Corporate Finance. Among them are finance, investment, medical technology and video game technology companies.
For now, the strategy (formerly known as MicroStrategy) continues to lead the trends owned by 568,840 BTC. This is the largest public contributor in the Ministry of Finance with Bitcoin.
Does Bitcoin have to awaken this obsession to accumulate it?
Bitcoin is more than just a digital currency. It is a unique asset in the history of money. If emissions are completely limited – it will not exceed 21 million units – , Due to planned shortages, it will become a value reserve that is fundamentally different from other financial products. Traditional. Central banks can print unlimited amounts of money, but Bitcoin is written in code and offers an unchanging monetary policy protected by a decentralized network that does not correspond to governments or institutions.
This absolute shortage, coupled with its diversification and resistance to censorship, has led many businesses and individuals to invest, not only as investments; How to protect your long-term heritage. In the context of overflowing inflation, capital management, or financial uncertainty, Bitcoin serves as a shelter for the depreciation of local currency, as it lived in many emerging countries. Perhaps even in a stable economy, more and more institutional actors have integrated it as a report on the vast monetary policy of recent years.
Furthermore, Bitcoin does not require an intermediary to transfer. It works 24 hours a day without requesting permission, no boundaries, no banks, and no trust anyone except the protocol itself. This represents a revolution in terms of financial sovereignty. Those who own personal keys really have money. In an increasingly digital world where financial privacy and control over funds are threatened, this feature makes it deeply appealing.
Another factor that gives businesses interest in Bitcoin is its history of gratitude. It was the best performance of the last decade since its creation in 2009.
Despite its volatility, The long-term trend is clearly risingas seen in the graph above. And that’s not a coincidence. While many participants understand their foundations and value propositions as “digital gold,” their adoption continues to grow as they are more portable, divided and auditable.
Companies that incorporate Bitcoin into the Treasury as part of their balance do so not only as a diversification strategy, but as a way to coordinate with their vision for the future. Instead of leaving the reserves to depreciate cash or low-performance products, they choose assets that are volatile, but have proven to absorb and overcome the crisis, attract global interest, and leave state control.