Prenetics Global Limited (Nasdaq: Pre) is the newest healthcare space company to copy the Bitcoin Treasury strategy of Micro Strategy $ 40 billion, with its first $ 20 million BTC investment, with the help of Global Crypto Exchange Kraken.
There is an increase in Bitcoin Treasury companies that focus on collecting Bitcoin and following strategies comparable 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 the approval of the board to considerably increase its Bitcoin Holdings and wants to become one of the largest bitcoin holders of health care worldwide in a press statement on Wednesday.
“What excites me the most is not only Bitcoin as a treasury assets, but the convergence we see between health care innovation and blockchain technology,” said Danny Yeung, CEO of Prenetics. “We are at the start of a new era where genomics, personalized medicine and digital assets will cross in ways that a revolution can give in how we approach human health, lifetime and wealth.”
Earlier this week, H100 Group (H100), a Swedish health technology company, announced a transaction of 750 million Kronor ($ 79 million) to support its long-term bitcoin BTC Treasury strategy.
Prenetics also announced the appointment of Andy Cheung, former COO of Okex, to the Board of Directors.
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