Tag: Bitcoin Cloud Mining

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

Singapore-based Basel Medical Group (BMGL) announced plans to acquire $1 billion worth of Bitcoin (BTC) to strengthen its balance sheet and accelerate expansion across Asian markets. Basel also revealed that the proposed transaction is being negotiated with a consortium of institutional investors and high-net-worth individuals active in the crypto sector.Ā  Basel CEO Darren Chhoa said the $1 billion acquisition would give the firm ā€œunprecedented capacityā€ to...

Judge targets central figures in LIBRA scandal with asset freeze; Milei’s financial ties under review

An Argentine federal judge has ordered the freezing of assets belonging to key figures behind the LIBRA memecoin project as investigators examine potential fraud linked to the digital token’s promotion, including scrutiny of financial operations tied to President Javier Milei and his sister, Karina Milei, local media reported on May 15. Judge MarĆ­a Servini issued the ruling on May 14 as part of a broader...
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