Prenetics Acquires 100 Bitcoin Increasing Total Holdings to 378

TLDR

• Prenetics now holds a total of 378 Bitcoin.
• Acquisition valued between $41 million and $46 million.
• Company raised $44 million for growth and Bitcoin strategy.

Prenetics Global Limited, a health sciences company listed on NASDAQ under the ticker PRE, has made a notable financial move. The company acquired an additional 100 Bitcoin, which increases its total holdings to 378 Bitcoin. As of October 31, 2025, these holdings are valued between $41 million and $46 million.

This purchase occurred shortly after Prenetics closed a $44 million equity raise on October 28, 2025. The funds from this round are allocated towards the enhancement of its IM8 supplement brand and its Bitcoin treasury strategy. Key investors in this funding round include Kraken, Exodus, GPTX, XtalPi, DL Holdings, and Aryna Sabalenka.

Strategic Vision by Prenetics’ Leadership

Danny Yeung, co-founder and CEO of Prenetics, emphasized that this Bitcoin acquisition aligns with the company’s strategic vision. Yeung, who previously founded uBuyiBuy, positions the acquisition as an immediate execution of plans communicated to investors. The purchase underscores Prenetics’ ongoing strategy to integrate digital assets with health sciences.

Yeung stated, “This 100 Bitcoin acquisition demonstrates our immediate execution on the strategic vision we outlined to investors.” Prenetics aims to leverage these assets as part of its treasury and health innovation plan. David Beckham, co-founder of the company’s IM8 brand, also plays a crucial role in this strategic direction.

Financial Details of Recent Raise

The recent $44 million equity raise by Prenetics was oversubscribed, indicating strong investor interest. The funds will be used to support the Bitcoin purchase and the growth of the IM8 supplement brand. Notably, the company now reports $127 million in liquidity, maintaining zero debt with $86 million in cash and $41 million in Bitcoin.

David Beckham’s involvement with IM8 aids in brand promotion, leveraging his global influence. Alongside other strategic investors, Beckham’s participation highlights the broad appeal and confidence in Prenetics’ growth trajectory. NASDAQ has noted the expansion plans linked to this funding.

Impact on the Crypto and Financial Market

Prenetics’ acquisition of Bitcoin is a significant move but has not impacted Bitcoin’s trading liquidity at a macro level. These types of corporate acquisitions typically occur over the counter or through private deals. Thus, they do not immediately affect the total value locked (TVL) or decentralized finance (DeFi) sectors.

As seen in previous corporate Bitcoin allocations by firms like MicroStrategy and Tesla, market interest in Bitcoin tends to heighten. While this could lead to short-term equity outperformance following significant Bitcoin price increases, it largely depends on prevailing market conditions.

Related Cryptocurrencies and Market Sentiment

Currently, Prenetics’ Bitcoin acquisition is the sole cryptocurrency transaction it has reported. No other cryptocurrencies, such as Ethereum or altcoins, have been mentioned in connection with Prenetics’ treasury strategy. The market response to Prenetics’ actions appears positive, albeit no direct sentiment from developers or the community has been reported.

The company’s move contributes to the narrative of growing institutional adoption of digital assets. However, specific regulatory bodies, including the SEC, have not issued statements regarding this development. Prenetics remains strategically aligned with Bitcoin as part of its treasury management.