Prenetics increases its holdings by 100 bitcoins, bringing its total to 378 bitcoins.
PANews, October 31 – According to GLOBE NEWSWIRE, health science company Prenetics (Nasdaq: PRE), invested in by David Beckham, announced the purchase of an additional 100 Bitcoin at approximately 109,594 USD each, using proceeds from its recently completed 44 million USD stock offering (October 28). The company stated it currently holds 378 BTC, worth about 41 million USD; total liquidity is approximately 127 million USD (including 86 million USD in cash and about 41 million USD in BTC), with zero debt. Prenetics said it continues to “purchase 1 BTC daily” and will make additional purchases under favorable market conditions. Its IM8 supplement brand reached 100 million USD in annual recurring revenue within 11 months, with 420,000 customers and subscriptions accounting for 80% of new orders. The FY2026 revenue guidance is between 180 million and 200 million USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Who will be the biggest winner in the x402 trillion track?
The harsh truth about value capture for x402.

Real-time Update | What Are the Hot Topics at Hong Kong Fintechweek 2025?
From November 3rd to 7th, FinTech Week 2025 was grandly held at the Hong Kong Convention and Exhibition Centre.

Balancer code issue causes losses exceeding 100 millions, delivering an almost devastating blow to the DeFi industry
A typical occurrence during bear markets: a security incident has happened to a long-established protocol.

Balancer hacked for over 120 million funds, what should you do?
Currently, the total amount stolen is $128.64 million, and the attack is still ongoing.

