Prenetics increases its holdings by 100 bitcoins, bringing the total to 378 bitcoins
Oct 31, 2025 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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