The listed company Prenetics raised $46.8 million to advance its Bitcoin treasury strategy

2025-10-27 21:34:48

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ChainCatcher news, according to CoinDesk, the US-listed health technology company Prenetics (PRE) has completed an oversubscribed equity financing of $46.8 million, which will be used to globally expand its health brand IM8 and accelerate its Bitcoin treasury strategy. If all warrants are exercised, the total financing amount could reach $212 million.

Investors include Kraken, Exodus, and others. The company plans to purchase 1 Bitcoin daily, aiming for $1 billion in revenue and Bitcoin holdings within five years. The IM8 brand achieved $100 million in annual recurring revenue in just 11 months.

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