BTCC / BTCC Square / Cryptoslate /
Basel Medical Group Bets Big on Bitcoin—$1B Treasury Move as Stock Tanks

Basel Medical Group Bets Big on Bitcoin—$1B Treasury Move as Stock Tanks

Published:
2025-05-16 21:20:35
17
2

Basel Medical Group to add $1B in Bitcoin to treasury amid falling share prices

In a bold hedge against its own nosediving shares, Basel Medical Group is allocating $1 billion to Bitcoin—because nothing says ’trust us with your health’ like a volatile crypto gamble.

The move comes as traditional investors flee the struggling healthcare firm, leaving executives to apparently conclude: ’When in doubt, ape into BTC.’

Wall Street analysts are already sharpening their knives—will this be remembered as visionary treasury diversification, or just another corporate distraction from fundamentals? Either way, the crypto markets just got a fresh nine-figure bid.

Transaction structure and strategic objectives

The proposed acquisition will occur through a share-swap arrangement with external investors, rather than a direct cash purchase of Bitcoin from reserves. Basel stated that this model offers enhanced capital efficiency while preserving liquidity for healthcare operations.

The company’s management sees the diversification into Bitcoin as a hedge against currency volatility and inflation risks in emerging markets, particularly in regions where it seeks to expand. 

BMGL also sees the acquisition as a mechanism to attract strategic partnerships in the healthcare and digital asset sectors.

Basel’s leadership said it would provide additional details upon the transaction’s completion and remain committed to regulatory compliance in all jurisdictions where it operates.

Market reaction diverges from Bitcoin trend

Despite Basel’s framing of the MOVE as a financial strengthening initiative, the company’s stock price declined sharply following the announcement.

Its shares fell to a low of $2.10 despite climbing 68% earlier in the day to a high of $3.41 from the daily opening price of $2.84. The volatility adds to the massive 57% drawdown observed on May 14.

Despite the tumultuous price action for the day, the share price mounted a recovery before the trading day ended to close the day down 9.89% to $2.37 as of press time.

The reaction contrasts with recent market behavior in other firms announcing Bitcoin strategies. 

On March 12, Rumble saw its stock price rise 5% after. Japanese firm Metaplanet gained nearly 20% in a single session on July 22 after disclosing a. 

HK Asia Holdings surged 92.98% on Feb. 13 afterfor approximately $96,150. Meanwhile, Brazilian fintech Méliuz gained 16.3% on March 6 after detailing its,

While Basel’s initial market response diverged from those precedents, the company maintains that the transaction is part of a broader financial restructuring initiative rather than a speculative bet.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users