{"id":14899,"date":"2025-10-31T15:40:10","date_gmt":"2025-10-31T15:40:10","guid":{"rendered":"https:\/\/bitunikey.com\/news\/prenetics-doubles-down-on-bitcoin-expands-treasury-with-100-btc\/"},"modified":"2025-10-31T15:40:21","modified_gmt":"2025-10-31T15:40:21","slug":"prenetics-doubles-down-on-bitcoin-expands-treasury-with-100-btc","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/prenetics-doubles-down-on-bitcoin-expands-treasury-with-100-btc\/","title":{"rendered":"Prenetics doubles down on Bitcoin, expands treasury with 100 BTC"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">David Beckham-backed health science firm Prenetics is doubling down on its Bitcoin strategy with a fresh scoop of 100 BTC tokens.<\/p>\n<div id=\"cn-block-summary-block_bd322dd995fc4eafb9c455837e5cd022\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Prenetics has added to its Bitcoin treasury holdings with 100 more coins.<\/li>\n<li>The fresh BTC acquisition follows company\u2019s $44 million equity offering.<\/li>\n<li>Latest purchase boosts total holdings to 378 BTC worth about $46 million.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Prenetics, which joined the digital asset treasury race with an aggressive purchase of Bitcoin (BTC) in June 2025, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ir.prenetics.com\/news-releases\/news-release-details\/prenetics-bolsters-bitcoin-treasury-strategic-acquisition-100\" target=\"_blank\" rel=\"nofollow\">announced<\/a> the acquisition of the 100 additional BTC on Oct. 31.<\/p>\n<p>The buy follows the Nasdaq-listed company\u2019s $44 million equity raise, an oversubscribed offering that closed on October 28, 2025.<\/p>\n<p>Per details Prenetics shared, the acquisition came at the cost of approximately $109,594 per bitcoin and now sees the company\u2019s holdings increase to 378 BTC. <\/p>\n<p>The cumulative value of these holdings currently sit around $41 million.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Prenetics eyes more BTC buys<\/h2>\n<p>The first Bitcoin treasury buy saw the publicly-traded company acquire $20 million worth of the benchmark digital asset.<\/p>\n<p>And leadership says there money to double down on BTC. Together with the equity raise, Prenetics now holds boasts over $127 million in total liquidity. About $86 million of this is in cash and the other in the $41 million in BTC holdings.<\/p>\n<p>Commenting on the strategic capital deployment, chief executive officer Danny Yeung said:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00a0\u201cThis 100 Bitcoin acquisition demonstrates our immediate execution on the strategic vision we outlined to investors. Given our successful capital raise, our balance sheet is now exceptionally strong with $127 million in total liquidity and zero debt, providing us with a substantial runway to execute our growth strategy.\u201d<\/p>\n<\/blockquote>\n<p>The company\u2019s IM8 supplement brand, which has hit a growth trajectory milestone with $100 million in annual recurring revenue, remains a key segment for Prenetics. The financial year 2026 revenue guidance sees IM8 hitting revenues of $180-$200 million.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">JUST IN: Prenetics (NASDAQ:PRE) Bolsters <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BitcoinTreasury?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#BitcoinTreasury<\/a> with Acquisition of 100 Bitcoin, IM8 Reaches $100M ARR<\/p>\n<p>Full release: <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/k18Wt8yQTa\">https:\/\/t.co\/k18Wt8yQTa<\/a> <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/7FYIqzTuUP\">pic.twitter.com\/7FYIqzTuUP<\/a><\/p>\n<p>\u2014 Prenetics (@Prenetics) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/Prenetics\/status\/1984274305220592104?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">October 31, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>According to Yeung, the focus to expand IM8 is high on the agenda. However, the company\u2019s Bitcoin treasury strategy is also very much part of the long-term strategy to accrue value for shareholders.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe now have all the capital we need to maintain IM8\u2019s market leadership while building substantial treasury assets for the future,\u201d Yeung said.\u00a0<\/p>\n<\/blockquote>\n<p>The Bitcoin treasury strategy will see Prenetics continue to acquire 1 BTC a day as well as strategic larger buys targeted for favorable market conditions. Notably, market players have often used price dips for such accumulation moves.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>David Beckham-backed health science firm Prenetics is doubling down on its Bitcoin strategy with a fresh scoop of 100 BTC tokens. Summary Prenetics has added to its Bitcoin treasury holdings&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=14899"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14899\/revisions"}],"predecessor-version":[{"id":14900,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14899\/revisions\/14900"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8970"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=14899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=14899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=14899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}