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Prenetics Global Limited (NASDAQ: PRE) is the latest steadfast successful the healthcare abstraction to transcript MicroStrategy’s $40 cardinal bitcoin treasury strategy, having acquired its archetypal $20 cardinal BTC investment, with assistance from planetary crypto speech Kraken.
There is a surge of bitcoin treasury companies that absorption connected accumulating bitcoin and pursuing strategies akin to Strategy.
Although the Prenetics acquisition is tiny by examination to firms spending hundreds of millions of dollars connected BTC, the steadfast said it has committee support to substantially summation its bitcoin holdings and aims to go 1 of the largest healthcare firm bitcoin holders globally, successful a property connection connected Wednesday.
“What excites maine astir is not conscionable Bitcoin arsenic a treasury asset, but the convergence we're witnessing betwixt healthcare innovation and blockchain technology,” said Danny Yeung, CEO of Prenetics. “We're astatine the dawn of a caller epoch wherever genomics, personalized medicine, and integer assets volition intersect successful ways that could revolutionize however we attack quality health, longevity and wealth.”
Earlier this week, H100 Group (H100), a Swedish health-technology company, announced a 750 cardinal kronor ($79 million) transaction to enactment its semipermanent bitcoin BTC treasury strategy.
Prenetics besides announced the assignment of Andy Cheung, erstwhile COO of OKEx, to its Board of Directors.
Read more: Trump Media and Semler Scientific Could Be Cheapest Bitcoin Treasury Companies by This Metric
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