TechFlow news, May 22 — According to GlobeNewswire, Basel Medical, a Singapore-based orthopedic healthcare group (Nasdaq: BMGL), announced a purchase agreement with the Bitcoin Holders Alliance to acquire up to 10,000 BTC (currently valued at approximately $1 billion) through the issuance of new ordinary shares. The move aims to diversify the company's capital reserves while maintaining its core business expansion in healthcare services across the Asia-Pacific region. Founded in Singapore, the company primarily focuses on orthopedic trauma treatment and neurosurgery. The company stated that this strategic investment will strengthen its balance sheet and support its expansion plans in high-growth Asian medical markets.
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