Prenetics Global Limited (NASDAQ: PRE) is the latest health field to copy Microstrateys $ 40 billion Bitcoin Treasury strategy, after acquiring its first $ 20 million BTC investment with the help of the Global Crypto Exchange Krake.
There is a wave of Bitcoin Treasury companies that focus on accumulating Bitcoin and following strategies similar to strategy.
Although the Prenetics acquisition is small compared to companies that spend hundreds of millions of dollars on BTC, the company said it has board approval to significantly increase its Bitcoin stocks and aim to become one of the biggest healthcare bits of Bitcoin in a press release on Wednesday.
“What excites me the most is not only Bitcoin as a treasury -active, but convergence we witness between health innovation and blockchain technology,” said Danny Yeung, CEO of Prenetics. “We are dawn by a new era where genome, personalized medicine and digital assets will cross each other in ways that can revolutionize how we approach human health, lifetime and wealth.”
Earlier this week, the H100 Group (H100), a Swedish Health Technology Society, announced a $ 750 million ($ 79 million) transaction to support its long-term Bitcoin BTC Treasury strategy.
Prenetics also announced the appointment of Andy Cheung, former COO for Okex, to its board.
Read more: Trump Media and Semler Scientific could be the cheapest Bitcoin Treasury businesses at this metric
