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SOL $75.34 +0.03%
TRX $0.3307 -0.42%
DOGE $0.0695 -0.65%
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BCH $203.52 -0.92%
LINK $9.44 +3.49%
HYPE $56.88 +1.07%
AAVE $86.20 -0.19%
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XLM $0.1575 -0.31%
ZEC $485.32 -1.32%

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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