The listed company Prenetics raised $46.8 million to advance its Bitcoin treasury strategy

2025-10-27 21:34:48

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ChainCatcher news, according to CoinDesk, the US-listed health technology company Prenetics (PRE) has completed an oversubscribed equity financing of $46.8 million, which will be used to globally expand its health brand IM8 and accelerate its Bitcoin treasury strategy. If all warrants are exercised, the total financing amount could reach $212 million.

Investors include Kraken, Exodus, and others. The company plans to purchase 1 Bitcoin daily, aiming for $1 billion in revenue and Bitcoin holdings within five years. The IM8 brand achieved $100 million in annual recurring revenue in just 11 months.

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Topic or theme Real-time Records of Institutional Crypto Holdings and Capital Operations

Recently, stablecoin concept stocks have continued to strengthen, with multiple listed companies establishing reserves of crypto assets. Stocks of crypto companies are becoming a special "crypto hotspot": traditional market investors are beginning to pay attention to companies in the crypto industry, while people in the crypto circle view the price changes of crypto stocks as one of the indicators of market fluctuations. This topic will continue to focus on the dynamics of related projects, institutional movements, market performance, and the strategic logic behind them, gaining insights into the development path of this wave of integration between crypto and equity.