Prenetics Becomes First Healthcare Company to Execute Aggressive Bitcoin Treasury Strategy, Secures $20M in BTC, Appoints Former OKEx COO to Board

# Prenetics becomes first healthcare firm to acquire bitcoin for treasury

Prenetics Becomes First Healthcare Company to Execute Aggressive Bitcoin Treasury Strategy, Secures $20M in BTC, Appoints Former OKEx COO to Board

Prenetics adopts proven corporate Bitcoin strategy inspired by MicroStrategy's ~$40B Bitcoin holdings and Metaplanet's meteoric treasury transformation ...

Explosion of BTC Treasury Adoption Since 2020: How to Prepare for the Bitcoin Mainstream

In the distant future, historians may well look back at August 11, 2020 as the day Bitcoin began. True, Bitcoin had already been around for over a decade at that point. But in late summer of 2020, Michael Saylor, CEO of MicroStrategy (at the time, a business intelligence company) announced that the company would invest $250M into buying Bitcoin. The move was a surprise, but whether he intended to or not, Saylor premiered an entirely new use case…

Smarter Web Company shares soar after Bitcoin spree

Shares in Smarter Web Company jumped in early London trade after the company reported its latest Bitcoin spending spree. The Aquis-listed business said it had acquired 104.28 Bitcoin at an average price of £77,751, bringing its total purchase to £8.1m. The move is the latest as part of Smarter Web Company’s “10 Year Plan” under which it aims to acquire as much Bitcoin as possible using its reserve cash, a highly unusual move for a UK-listed busi…

Prenetics Acquires $20M in Bitcoin for Treasury - Blockchain & Cryptocurrencies Tabloid

Prenetics purchases $20M Bitcoin, becoming the first healthcare company with a BTC treasury. The post Prenetics Acquires $20M in Bitcoin for Treasury appeared first on Blockchain & Cryptocurrencies Tabloid.

Prenetics Bets $20 Million on Bitcoin and Aims to Lead the Convergence Between Healthcare and Blockchain - The Cryptocurrency Post

TL;DR Prenetics acquired 187.42 BTC for $20 million after selling ACT Genomics, boosting its total liquidity to $117 million in cash, BTC, and liquid assets. Andy Cheung, former OKX COO, joined the board to design active strategies using derivatives and yield mechanisms on BTC, moving beyond simple buy & hold. Tracy Hoyos Lopez and Raphael Strauch joined as advisors, bringing regulatory expertise, institutional connections, and access to crypto…