Encryption correspondent
Shalini Nagarajan
Encryption correspondent
Shalini Nagarajan
Involve
Prenetics, a supporting company, David Beckham, is diving in Bitcoin.
The Genome and the diagnostic company listed on the Nasdaq Stock Exchange invested 20 million dollars to get advertisement this week.
This step sent the company’s share 23 % higher.
Hong Kong-Quraricary is famous for the Circledna test and its broadest initiatives in health sciences, but it is now making waves for reasons outside the clinic.
Bitcoin, the property, which was secured by the Krakeen Custody account, celebrates what Prenetics begins with a long -term digital asset strategy.
With an average purchase price slightly more than 106,000 dollars per bitcoin, the investment is a clear indication of condemnation.
Prenetics determines a bold vision with Bitcoin in essence
Prenetics is not simply inactive parking in encryption. It plans to allocate the majority of its Bitcoin’s public budget, with the approval of the board of directors already.
According to CEO Danny Young, the company sees a future in which the genome, age sciences and digital origins converge. “To implement this vision on a large scale, we need great bitcoin’s possessions,” he said.
The company also brought a heavyweight encryption experience. Andy Cheung, the former director of Exchang Okex, joins the Board of Directors to provide direct control as Prenetics merge digital assets in its operations. Cheung’s date enhances the company’s ability to move in what remains a complex and volatile market.
Prenetics follows Microstrategy, but it adds a development of health care
Besides purchase and retain, Pitcoin will actively manage Bitcoin. The company has set plans for alpha generation strategies that include lending and improving the return and financial products.
In parallel, you will start accepting the encoded currency payments through its direct health platforms for the consumer, and to build what is called the full bitcoin system.
Prenetics raised its revenues for 2025 to 100 million dollars and expects to turn into the fourth quarter of next year. The company says the Bitcoin strategy reflects confidence in its course of business and its ability to manage risk.
Its move comes at a time when dozens of public companies add bitcoin to the treasury bonds. 63 companies did not traditionally participate in encryption similar strategiesAccording to Standard Charted. Many are trying to follow the footstere of Microstrategy, which began to accumulate Bitcoin in 2020 and since then its shares have seen more than 3000 %.
https://cimg.co/wp-content/uploads/2025/06/20040349/1750392228-image-1750392201795_optimized.jpg
2025-06-20 04:14:00
