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DOGE $0.0718 -1.29%
ADA $0.1574 -1.77%
BCH $232.60 -2.71%
LINK $7.92 -0.92%
HYPE $63.23 -5.63%
AAVE $95.56 -0.62%
SUI $0.7228 -1.09%
XLM $0.1792 -2.65%
ZEC $498.81 -4.98%

Prenetics increases its holdings by 100 bitcoins, bringing the total to 378 bitcoins

2025-10-31 21:12:57
Collection

According to GLOBE NEWSWIRE, Prenetics (NASDAQ: PRE), a health science company invested in by David Beckham, announced the purchase of 100 Bitcoins at approximately $109,594 each, funded by its recently completed $44 million stock raise.

The company stated it currently holds 378 BTC, worth about $41 million; total liquidity is approximately $127 million (cash $86 million, BTC about $41 million), with zero debt. Prenetics indicated it will continue to "purchase 1 BTC daily" and add more under favorable market conditions. Its IM8 supplement brand reached $100 million in annual recurring revenue in 11 months, with 420,000 customers and subscriptions accounting for 80% of new orders, and FY2026 revenue guidance is between $180 million and $200 million.

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