Prenetics, a health technology company, has ceased its daily Bitcoin purchases as of December 4, 2025, following a decision approved by its board of directors. The company announced that it will redirect its financial resources towards the growth, operations, and strategic expansion of its IM8 brand. Currently, Prenetics holds 510 Bitcoins as part of its financial reserves and maintains over $70 million in cash and cash equivalents, with no outstanding debt. The IM8 brand has achieved an annualized recurring revenue exceeding $100 million within 11 months of its launch.