Prenetics, a health sciences company listed on NASDAQ and backed by David Beckham, has increased its Bitcoin holdings by purchasing 100 BTC at approximately $109,594 each. This acquisition, funded by a recent $44 million stock offering, brings the company's total Bitcoin holdings to 378 BTC, valued at around $41 million. Prenetics' total liquidity now stands at approximately $127 million, with $86 million in cash and no debt.
The company plans to continue purchasing 1 BTC daily and may increase its holdings under favorable market conditions. Additionally, Prenetics' IM8 supplement brand has achieved $100 million in annual recurring revenue within 11 months, with subscriptions making up 80% of new orders. The company projects its FY2026 revenue to be between $180 million and $200 million.
Prenetics Expands Bitcoin Holdings to 378 BTC After Recent Purchase
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