PANews
PANews|Oct 31, 2025 13:12
[Prenetics Increases Bitcoin Holdings by 100 BTC, Total Holdings Reach 378 BTC] According to GLOBE NEWSWIRE, health science company Prenetics (NASDAQ: PRE), backed by David Beckham, announced the acquisition of 100 Bitcoin at an average price of approximately $109,594 per BTC, funded by its recently completed $44 million stock offering (October 28). The company stated it currently holds 378 BTC, valued at approximately $41 million, with total liquidity of approximately $127 million (cash $86 million, BTC approximately $41 million), and zero debt. Prenetics revealed it is continuing its strategy of 'purchasing 1 BTC daily' and will increase holdings under favorable market conditions. Its IM8 supplement brand achieved $100 million in annual recurring revenue within 11 months, with 420,000 customers and subscriptions accounting for 80% of new orders. FY2026 revenue guidance is projected at $180 million to $200 million.
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