Bitcoin Bonanza Sends Basel Medical Stock Tumbling 15 Percent in Singapore

Bitcoin reserves plan by Basel Medical triggers a 15 percent stock nosedive after a $1 billion share-swap announcement, stunning Singapore investors on May 17. Crypto dreams collide with healthcare reality as Basel’s wild balance-sheet strategy leaves Wall Street gaping.
Investor skepticism erupts as Basel’s $1 billion crypto move aims for unmatched financial flexibility and merger power. Shareholder pushback mirrors past corporate Bitcoin gambles, raising questions about crypto investing and painting a surreal medical-finance crossover.