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Listed Medical Company Prenetics Completes Initial $20 Million Bitcoin Investment, Acquiring 187.42 BTC

Summary: According to reports, healthcare company Prenetics Global (NASDAQ: PRE) announced the completion of its initial $20 million Bitcoin investment through the Kraken exchange, acquiring a total of 187.42 BTC at an average price of $106,712. The company stated that the board has approved further purchases, aiming to become one of the largest medical companies globally ...

According to reports, healthcare company Prenetics Global (NASDAQ: PRE) announced the completion of its initial $20 million Bitcoin investment through the Kraken exchange, acquiring a total of 187.42 BTC at an average price of $106,712. The company stated that the board has approved further purchases, aiming to become one of the largest medical companies globally holding Bitcoin. Prenetics CEO Danny Yeung highlighted that this investment not only serves as a reserve asset but also reflects optimism in the integration prospects of blockchain technology with genomics and personalized healthcare. Additionally, Prenetics appointed former OKEx Chief Operating Officer Andy Cheung as a member of its board.

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Link: Listed Medical Company Prenetics Completes Initial $20 Million Bitcoin Investment, Acquiring 187.42 BTC [Copy]

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