Basel Medical Announces $1 Billion Bitcoin Acquisition Plan

Australian court ruling could lead to $640M in Bitcoin tax refunds - WorldNL Magazine

A judge’s ruling in a criminal case may pave the way for $640 million in tax refunds, challenging the Australian Tax Office’s long-held stance on crypto taxation. A court decision in Australia could open the door to as much as $640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. On May 19, the Australian Financial Review (AFR) reported that…

Basel Medical, a healthcare company, is starting a bitcoin purchasing strategy modelled on Michael Saylor. Why the stock is still breaking in. Source: BTC-ECHO BTC-ECHO

The Asian company Basel Medical Group is planning to invest $1 billion in Bitcoin (BTC) through a stock exchange in order to exchange the proceeds of the transaction.The company Basel Medical Group, based in Singapore, wants to invest $1 billion in Bitcoin (BTC) has appeared first on TipsCrypto.com.

Basel Medical’s shares have fallen by 15% after announcing its bold plan to invest $1 billion in Bitcoin. This decision has generated a wave of uncertainty in the market, affecting investors and analysts alike. The news has focused on the volatility of the cryptocurrency market and how traditional companies address these digital assets. Market impact by Basel Medical Basel Medical’s decision is a well-known company in its sector, and its decisio…

Basel Medical Announces $1 Billion Bitcoin Acquisition Plan

Basel Medical Group Ltd initiates $1 billion Bitcoin acquisition, marking significant corporate treasury diversification.

Basel Medical Group Plans $1B Bitcoin Purchase to Power Treasury Expansion - Crypto News Flash

Basel Medical Group is pioneering something in the medical field, as it plans to use $ 1B Bitcoin as a treasury reserve asset. This move is similar to MicroStrategy‘s Bitcoin play, where the company became more valuable for holding BTC than for the company’s core business. Basel Medical Group (BMGL), a Singapore-based healthcare provider, has announced plans to acquire $1 billion worth of Bitcoin (BTC). The deal, structured as a share-swap arran…