Prenetics Global Limited (NASDAQ: PRE) announced the purchase of 100 bitcoin at an average price of $109,594, expanding its total holdings to 378 BTC — valued at roughly $41 million.
This move is just a couple of days after Health Sciences Corporation announced that it was relocating. completed A $44 million equity offer was well oversubscribed, with strategic investors such as Kraken, Exodus and GPTX, Jihan Wu of XtalPi. DL Holdings also participated, along with tennis star Aryna Sablalenka.
“This 100 Bitcoin acquisition demonstrates our immediate execution on the strategic vision we outlined to investors,” Danny Yeung said, highlighting Prenetics’ dual focus on scaling the wellness brand IM8 as well as building long-term values through bitcoin acquisition.
Following the acquisition and equity raise, Prenetics holds $127 million in total liquidity with no debt—$86 million in cash and $41 million in bitcoin. The company Continue to buy one bitcoin daily, and supplement that with larger purchases when you can.
Yeung stated that IM8 reached $100,000,000 in annual recurring income in just eleven months. She called this the fastest growth ever seen in the supplements industry. Prenetics aims at expanding IM8 worldwide while strengthening the bitcoin treasury, a key balance sheet asset.
Prenetics is a Bitcoin Treasury Company
Prenetics is a context-sensitive term. made headlines The company became the first healthcare organization to adopt a Bitcoin Treasury Strategy earlier this year. The company purchased BTC worth $20 million, purchasing 187.42 coin at an average of $106,712 with the intention of allocating a majority of their $117 million financial balance to Bitcoin.
Prenetics began a systematic accumulation program in August 2025. It has since purchased roughly one Bitcoin per day. As of October 30, it now held 275 BTC valued at about $31 Million.
The strategy is part of a broader effort to combine its fast-growing supplement brand, IM8 — which reached $100 million ARR in under a year — with long-term cryptocurrency holdings.
It has strengthened its advisory and leadership team by appointing Andy Cheung, former COO of OKEx to the Board and bringing in industry experts Kraken and TOKEN2049.
Its ambition is to achieve $1 billion annually in revenue and $1 billion worth of Bitcoins in the next five-year period. This highlights the intersection between healthcare and cryptocurrency innovations.
Back in 2024, former footballer David Beckham became A strategic investor in Prenetics. Co-founded IM8 with a focus of advanced consumer products.
Beckham spoke with Prenetics shareholder, Professor Dennis Lo. He learned about the pioneering work he has done in prenatal screening and cancer early detection.
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Source: bitcoinmagazine.com
