Prenetics acquires 100 Bitcoin using $44 million from recent equity offering, totaling 378 BTC valued at ~$46 million.
Quiver AI Summary
Prenetics Global Limited has announced the acquisition of 100 Bitcoin at an average price of $109,594 each, following a successful $44 million equity raise that closed on October 28, 2025. This brings the company's total Bitcoin holdings to 378 BTC, valued at approximately $46 million. The acquisition aligns with Prenetics' strategy to build its Bitcoin treasury and further expand its innovative dual-engine approach, which combines health innovation through its rapidly growing IM8 supplement brand with digital asset management. CEO Danny Yeung highlighted the company's robust financial position, boasting $127 million in total liquidity and no debt, allowing for sustained growth and strategic investments. Prenetics aims to accelerate IM8's global expansion while continuing to accumulate Bitcoin systematically, solidifying their place at the intersection of health and digital assets.
Potential Positives
- Acquisition of 100 Bitcoin enhances the company's digital asset treasury, now totaling 378 BTC valued at approximately $46 million.
- The recent $44 million equity offering attracted high-profile strategic investors, validating the company's innovative dual-engine strategy.
- The company's strong balance sheet with $127 million in total liquidity and zero debt provides substantial runway for growth strategies.
- IM8, Prenetics' flagship supplement brand, rapidly achieved $100 million in annual recurring revenue in just 11 months, establishing a strong cash-generating foundation for future growth and accumulation of Bitcoin.
Potential Negatives
- The company is heavily investing in Bitcoin during a time of market volatility, which may raise concerns about the stability and sustainability of its investment strategy.
- The necessity of conducting a $44 million equity offering to fund further Bitcoin acquisitions could indicate potential liquidity issues or lack of internal funding sources.
- By pursuing a dual-engine strategy that combines health innovation with digital assets, the company may lose focus on its core business, potentially alienating traditional investors who prefer a singular focus on health sciences.
FAQ
What recent acquisition did Prenetics make?
Prenetics acquired 100 Bitcoin, bringing its total holdings to 378 BTC valued at approximately $46 million.
How much capital did Prenetics raise in its recent equity offering?
The Company completed a $44 million equity offering on October 28, 2025, attracting high-quality strategic investors.
What is the current financial position of Prenetics?
Prenetics has approximately $127 million in total liquidity, including $86 million in cash and $41 million in Bitcoin.
What is the IM8 supplement brand's revenue achievement?
IM8 reached $100 million in annual recurring revenue within just 11 months of its launch, the fastest in industry history.
Where can I access Prenetics' CEO manifesto?
The CEO's comprehensive manifesto detailing the Company's vision is available at www.prenetics.com/manifesto.
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 2 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
- UBS GROUP AG removed 20,605 shares (-75.1%) from their portfolio in Q2 2025, for an estimated $175,451
- QUINN OPPORTUNITY PARTNERS LLC removed 12,339 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $105,066
- NOMURA HOLDINGS INC removed 11,703 shares (-3.5%) from their portfolio in Q2 2025, for an estimated $99,651
- MORGAN STANLEY added 6,800 shares (+320.2%) to their portfolio in Q2 2025, for an estimated $57,902
- SBI SECURITIES CO., LTD. removed 56 shares (-98.2%) from their portfolio in Q2 2025, for an estimated $476
- STEVENS CAPITAL PARTNERS added 0 shares (+0.0%) to their portfolio in Q3 2025, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Additional Bitcoin Acquisition Follows Immediately on $44 Million Equity Offering
Company now holds a total of 378 BTC (valued at ~$46 Million)
CHARLOTTE, N.C., Oct. 31, 2025 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a leading health sciences company, today announces the acquisition of 100 Bitcoin, at an average price of $109,594 per Bitcoin. This acquisition demonstrates the Company's dedication and continued discipline to building its Bitcoin treasury.
Strategic Capital Deployment Following Successful Equity Raise
This Bitcoin acquisition represents the initial deployment of proceeds from Prenetics' recently completed $44 million equity offering, which closed on October 28, 2025. The significantly oversubscribed offering attracted high-quality strategic investors including Kraken, Exodus, GPTX by Jihan Wu (Founder and CEO of NASDAQ-listed Bitdeer), XtalPi, DL Holdings and World No. 1 tennis champion Aryna Sabalenka, validating the Company's innovative dual-engine strategy combining health innovation with digital asset treasury management.
"This 100 Bitcoin acquisition demonstrates our immediate execution on the strategic vision we outlined to investors," said Danny Yeung, Chief Executive Officer of Prenetics. "Given our successful capital raise, our balance sheet is now exceptionally strong with $127 million in total liquidity and zero debt, providing us with substantial runway to execute our growth strategy. With IM8 reaching $100 million in annual recurring revenue in just 11 months—the fastest growth in supplement industry history—our focus is now on accelerating growth for IM8 globally across new markets and product lines. Our dual-engine strategy positions this growth acceleration as our primary driver, while our Bitcoin treasury strategy provides additional long-term value creation. We now have all the capital we need to maintain IM8's market leadership while building substantial treasury assets for the future."
Balance Sheet & Liquidity
Following the Bitcoin acquisition and equity raise closing, Prenetics maintains a robust financial position with approximately $127 million in total liquidity ($86 million in cash and $41 million in Bitcoin holdings via 378 BTC). The Company continues its systematic Bitcoin accumulation strategy of 1 Bitcoin per day alongside strategic larger acquisitions during favorable market conditions. This strong balance sheet provides substantial runway for the Company's dual-engine growth strategy while maintaining zero debt.
IM8
The Company's IM8 supplement brand continues its record-breaking growth trajectory, having reached $100 million in annual recurring revenue within just 11 months of launch – the fastest growth ever recorded in the global supplements industry. With 420,000 customers and 80% of new orders being subscriptions, IM8 provides a strong cash-generating foundation supporting the Company's Bitcoin accumulation strategy.
The Company recently released FY2026 Revenue guidance for IM8, expecting revenues of $180 to $200 million.
CEO’s Strategic Vision and Manifesto
The recently released CEO's comprehensive manifesto, detailing the Company's ambitious vision, is available at www.prenetics.com/manifesto . The manifesto articulates Yeung's conviction that traditional corporate treasury strategies are obsolete in an era of currency debasement and digital transformation. It outlines how Prenetics is pioneering the world's first "health-and-wealth" platform, combining explosive growth in the $700+ billion wellness market with strategic Bitcoin accumulation. The document has garnered significant attention from investors and industry leaders for its bold vision of creating unprecedented shareholder value through this innovative dual-engine approach.
For real-time access to the Company’s Bitcoin holdings, please visit https://prenetics.com/btc
About Prenetics
Prenetics (NASDAQ: PRE) is a leading health sciences company redefining the future of health and longevity through IM8 — its flagship consumer brand co-founded with David Beckham and championed by World No. 1 and four-time Grand Slam winner Aryna Sabalenka — now the fastest-growing supplement brand globally, reaching $100 million in annual recurring revenue within just 11 months of launch — the fastest growth ever recorded in the global history of the supplements industry, even outpacing today’s leading AI startups.
As the first consumer health company to establish a Bitcoin Treasury, Prenetics continues to pioneer at the intersection of health innovation and digital assets — purchasing 1 Bitcoin per day, now totaling 378 BTC as of October 31, 2025.
Investor Relations Contact:
[email protected]
[email protected]
Angela Cheung
Investor Relations / Corporate Finance
[email protected]
