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Wednesday, June 18, 2025

Prenetics Global announces bitcoin treasury with $20M BTC purchase

 

  • Prenetics Global Limited (NASDAQ:PRE) completed a $20M Bitcoin purchase (187.42 BTC at ~$106,712/BTC).
  • Andy Cheung, ex-COO of OKEx, joins the board of directors to oversee Prenetics' Bitcoin strategy and dynamic treasury management.
  • The company’s board has approved allocating a majority of its balance sheet to Bitcoin.
  • Prenetics will integrate BTC payments into its consumer platforms (IM8 Health & CircleDNA). 
  • PRE shares up 5% on Wednesday. 
  • Source: Press release

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