Prenetics International Restricted (NASDAQ: PRE) introduced the acquisition of 100 bitcoin at a median worth of $109,594, increasing its whole holdings to 378 BTC — valued at roughly $41 million.
The transfer comes simply days after the well being sciences firm accomplished a $44 million fairness providing that was oversubscribed by strategic buyers together with Kraken, Exodus, GPTX by Jihan Wu, XtalPi, DL Holdings, and tennis champion Aryna Sabalenka.
“This 100 Bitcoin acquisition demonstrates our fast execution on the strategic imaginative and prescient we outlined to buyers,” stated CEO Danny Yeung, highlighting Prenetics’ twin give attention to scaling its wellness model IM8 and constructing long-term worth by means of bitcoin accumulation.
Following the acquisition and fairness elevate, Prenetics holds $127 million in whole liquidity with no debt—$86 million in money and $41 million in bitcoin. The corporate continues to buy one bitcoin per day, supplementing that with opportunistic bigger buys.
Yeung famous that IM8 has reached $100 million in annual recurring income in simply 11 months, calling it the quickest progress within the complement trade’s historical past. Prenetics goals to broaden IM8 globally whereas strengthening its bitcoin treasury as a core stability sheet asset.
Prenetics as a Bitcoin treasury firm
For context, Prenetics made headlines earlier this 12 months by turning into the primary healthcare agency to implement a Bitcoin treasury technique. The corporate initially bought $20 million value of BTC, buying 187.42 cash at a median worth of $106,712, with plans to allocate the vast majority of its $117 million stability sheet to Bitcoin.
Since then, Prenetics has executed a disciplined accumulation plan, buying roughly one bitcoin per day since August 1, 2025, and now holds about 275 BTC, valued at $31 million as of late October.
The technique is a part of a broader effort to mix its fast-growing complement model, IM8 — which reached $100 million ARR in beneath a 12 months — with long-term cryptocurrency holdings.
The corporate has additionally strengthened its management and advisory workforce, appointing former OKEx COO Andy Cheung to the board and interesting trade specialists from Kraken and TOKEN2049.
The agency’s twin give attention to well being dietary supplements and Bitcoin accumulation underscores its ambition to achieve $1 billion in annual income alongside $1 billion in Bitcoin holdings over the following 5 years, highlighting the rising intersection of healthcare and cryptocurrency innovation.
Again in 2024, former footballer David Beckham grew to become a strategic investor in Prenetics and co-founded IM8, citing his give attention to superior client well being merchandise.
Beckham additionally engaged with shareholder Professor Dennis Lo, studying about his pioneering prenatal testing work and early most cancers detection focus, reinforcing the potential impression of Prenetics’ improvements on world well being.
