Prenetics CEO Danny Yeung to present on Bitcoin treasury strategy at Token 2049 in Singapore, highlighting rapid growth of IM8 brand.
Quiver AI Summary
Prenetics Global Limited announced that CEO Danny Yeung will keynote at Token 2049 in Singapore on October 2, 2025, focusing on the company’s growth and Bitcoin treasury strategy. Prenetics, a key player in consumer health sciences, has amassed 246 BTC valued at $28 million and holds $63.5 million in cash. Yeung's presentation will highlight the rapid success of IM8, Prenetics' supplement brand, which is projected to exceed $100 million in annual recurring revenue within a year of launch. The company distinguishes itself by integrating a corporate Bitcoin strategy into its operations, actively acquiring Bitcoin daily since June 2025 to bolster its balance sheet. The initiative reflects Prenetics' commitment to merging health and wealth through innovative financial strategies.
Potential Positives
- CEO Danny Yeung will present at Token 2049, a major global crypto and blockchain conference, highlighting Prenetics' innovative position in the market.
- Prenetics has achieved significant financial milestones, including a current Net Asset Value (NAV) of $28M from Bitcoin holdings and a projection of over $100 million in annual recurring revenue for IM8 within its first year.
- The company is implementing a disciplined corporate Bitcoin strategy, acquiring Bitcoin daily, which emphasizes its commitment to integrating digital assets into its operations.
- Prenetics' IM8 brand is identified as the world's fastest-growing supplement brand, showcasing strong market performance and potential for future growth.
Potential Negatives
- The significant allocation of the company's balance sheet to Bitcoin could raise concerns among investors regarding the stability and reliability of Prenetics' core business operations.
- The company’s strategy to purchase Bitcoin daily may expose it to high volatility in the cryptocurrency market, potentially jeopardizing the financial health of Prenetics if the market declines.
- The reliance on a cryptocurrency strategy could detract from investor confidence in Prenetics' traditional business model and long-term growth prospects in the health sciences sector.
FAQ
What is the keynote topic Danny Yeung will present at Token 2049?
Danny Yeung will present on "IM8: The World’s Fastest-Growing Supplement Brand Powering Our Bitcoin Treasury."
How much Bitcoin does Prenetics currently hold?
Prenetics currently holds 246 BTC, valued at approximately $28 million.
What is IM8's revenue milestone since its launch?
IM8 is on track to surpass $100 million in annual recurring revenue within 12 months of launch.
What is Prenetics' Bitcoin treasury strategy?
Prenetics' strategy involves daily acquiring Bitcoin to strengthen its balance sheet, targeting one Bitcoin per day.
Where can I find real-time access to Prenetics' Bitcoin holdings?
Real-time access to Prenetics' Bitcoin holdings can be found on their official website.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PRE Hedge Fund Activity
We have seen 4 institutional investors add shares of $PRE stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 24,822 shares (+inf%) to their portfolio in Q2 2025, for an estimated $211,359
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Full Release
- Keynote: “IM8: The World’s Fastest-Growing Supplement Brand Powering Our Bitcoin Treasury
- Prenetics currently holds 246 BTC with a NAV of $28M
- Prenetics has $63.5m of cash
1
CHARLOTTE, N.C., Sept. 30, 2025 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) (“Prenetics”), a leading consumer health sciences company, today announced Chief Executive Officer, Danny Yeung will deliver a keynote address at Token 2049 , one of the world’s premier crypto and blockchain conferences, taking place in Singapore.
Danny is scheduled to present on Thursday, October 2, 2025, joining an influential lineup of global thought leaders, innovators, and investors. His keynote, “IM8: The World’s Fastest-Growing Supplement Brand Powering Our Bitcoin Treasury,” will emphasize Prenetics’ unique position as one of the only fast-growing operating companies to also build a sizable digital asset treasury. While most DAT strategies are pursued by firms without a core operating business, Prenetics stands apart due to IM8’s explosive growth to systematically acquire 1 Bitcoin on a daily basis to continually strengthen its balance sheet.
The presentation will also highlight IM8’s extraordinary momentum—on track to surpass $100 million in annual recurring revenue in less than 12 months since launch, an unprecedented milestone in the supplement industry and a powerful validation of its disruptive model at the intersection of health and wealth.
Bitcoin Treasury Strategy Initiative:
Earlier this year, in June 2025, Prenetics announced the adoption of a corporate Bitcoin strategy. The strategy includes allocating a large majority of the Company’s balance sheet to Bitcoin and integrating Bitcoin across its operations.
The program began with an initial purchase of 187.42 BTC for approximately USD $20 million at an average price of $106,712 per BTC . Since August 1, 2025, Prenetics has followed a disciplined programmatic approach, acquiring Bitcoin daily. As of today, the Company holds 248.42 BTC at an average purchase price of approximately $108,600 , underscoring both the scale and commitment of its treasury strategy.
Looking ahead, Prenetics plans to continue its daily acquisition of one Bitcoin through the end of 2025, with expectations to increase the accumulation rate in 2026 as operating cash generation continues to strengthen. Real-time access to the Company’s Bitcoin holdings can be found here .
1 Represents current assets, including estimated proceeds from the divestment of ACT Genomics in the form of $46.3 million to be settled in cash, cash and cash equivalents totaling $17.2 million, financial assets at fair value through profit or loss of $10.5 million, and trade receivables of $1.8 million, amongst other accounting line items under current assets as of June 30, 2025.
About Prenetics
Prenetics (NASDAQ:PRE), a leading health sciences company, is dedicated to advancing consumer and clinical health. Our consumer initiative is led by IM8, a fast growing health and wellness brand, Europa, one of the largest sports distribution companies in the USA and CircleDNA, a leading direct to consumer DNA test. Each of Prenetics’ units synergistically enhances our global impact on health, embodying our commitment to ‘enhancing life through science’. To learn more about Prenetics, please visit prenetics.com.
About Token 2049
Token 2049 is the premier crypto event, organized annually in Singapore, that brings together the world’s leading founders, executives, investors, developers, and media to discuss global developments and trends in the digital asset industry.
Investor Relations Contact:
[email protected]
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Angela Cheung
Investor Relations / Corporate Finance
Prenetics Global Limited
[email protected]
