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ETH $2,483.46 -0.37%
BNB $752.04 +1.74%
XRP $1.42 +1.65%
SOL $103.05 -0.78%
TRX $0.3382 +1.11%
DOGE $0.0896 -0.68%
ADA $0.2197 -0.17%
BCH $257.42 -1.34%
LINK $12.48 -2.18%
HYPE $84.40 -0.94%
AAVE $128.82 -2.53%
SUI $0.8117 -1.63%
XLM $0.1885 -2.25%
ZEC $1,169.71 +1.39%

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

2025-10-31 21:12:57

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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