Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Briefly
- Public health care company has announced negotiations on Bitcoin’s purchase.
- Basel Medical Group with an Nasdaq list is the latest company that has adopted a strategy for buying bitcoin.
- Buying Bitcoin, according to advocates, can save a company’s supplies.
The Basel Medical Group (NASDAQ: BMGL) health company has joined the increasing list of public companies that intended to add Bitcoin to their balance sheets, announcing that it “began exclusive negotiations” for investments in BTC in the amount of $ 1 billion.
The company based in Singapore, which provides orthopedic and trauma services, said that if approved, the purchase would help to have one of the strongest balance sheets in health companies in Asia.
Basel Medical Group said in a statement that $ 1 billion will be a “innovative arrangement” and “significant transaction” to buy a cryptocurrent currency.
Decipher Came to the company for more details.
Executive Director Basel Medical Group Dr. Darren Chho said: “This $ 1 billion transformation will give us an unprecedented ability to perform our Asian growth strategy with conservative financial management.”
Bitcoin was Recent trading About 104,100 dollars, roughly flat in the past 24 hours, according to the Coingecko data. In the last month, 22%increased.
The number of public companies follows the strategy – formerly Micro -zone– which he has been playing as Bitcoin Treasury Company earlier this year. The one -off software software company (Nasdaq: Mstr) began to buy Bitcoin 2020, and now is the largest corporate holder of the property with almost 569,000 Bitcoin, according to May 12th. Regulatory submission.
Since then, the strategy shares have increased since the company started buying Bitcoin because investors buy mrstr shares to obtain exposure to the cryptocurrency currency. Before his first Bitcoin buy in August 2020, Mstr traded for almost $ 15. Now the price is $ 400 pop.
Smaller companies, including Japanese Metaplanet and Health Service Provider Semler Scientific, adopted a strategy strategy strategy, believing that Gotovina loses value over time and Bitcoin price, can add more value to their shares. Metaplanet has 6,796 bitcoin worth more than $ 706 million based on the current BTC price, based on data from Bitcoin Cashier.net.
Edited James Rubin
Daily review Bulletin
Start every day with top news, plus original features, podcast, videos and more.
