09:37 AM EDT, 05/22/2025 (MT Newswires) -- Basel Medical Group ( BMGL ) said Thursday it has signed a purchase agreement for up to 10,000 bitcoin with a consortium of bitcoin holders in a stock transaction.

The purchase, which has a market value of about $1 billion, will diversify Basel's treasury reserves and support its expansion across Asia's high-growth healthcare markets, the company said.

Price: 1.75, Change: -0.12, Percent Change: -6.47