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Basel Medical Pauses Acquisition of Bitcoin Digital Asset
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Basel Medical Pauses Acquisition of Bitcoin Digital Asset
Jul 17, 2025 2:35 PM

05:23 PM EDT, 07/17/2025 (MT Newswires) -- Basel Medical ( BMGL ) said late Thursday it has paused the acquisition of Bitcoin digital asset amid ongoing regulatory scrutiny and uncertainty in the US regarding digital assets.

Basel and a group of Bitcoin holders agreed to pause the deal, given the "current lack of clarity on how forthcoming

policies may impact the transaction," the company said.

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