🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Considering a 1 billion Dollar Bitcoin investment, a Singapore healthcare company listed in the US.
The Singapore-based medical company Basel Medical Group, listed on the NASDAQ, announced on the 16th that it has begun "exclusive negotiations" for a $1 billion investment in Bitcoin (BTC). The company, which provides orthopedic and trauma services, emphasizes that if this deal is approved, it will become one of the companies with the strongest financial health among medical companies in Asia.
The company plans to execute a $1 billion Bitcoin purchase through an innovative stock exchange agreement and groundbreaking transactions. CEO Darren Chua commented, "This $1 billion financial transformation will enable us to gain unprecedented capabilities in executing our Asia growth strategy while maintaining conservative financial management."
Public companies adding Bitcoin to their balance sheets are on the rise. The pioneer, U.S. company MicroStrategy, saw its stock price rise from around $15 at the time of its first Bitcoin purchase in August 2020 to currently $400. Investors are purchasing shares of the company to gain exposure to Bitcoin investments.
In addition, small and medium-sized enterprises such as Metaplanet and the healthcare service provider Semler Scientific have also adopted the strategies of Strategy Corp. As cash loses value over time due to inflation, they aim to enhance their stock value based on the idea that Bitcoin increases corporate value.