PRENETICS Global Limited (NASDAQ: PRE) is the last company in the health space to copy the $ 40 billion Bitcoin Treasury strategy in microstrategy, after acquiring its first 20 million dollars BTC investment, with the help of Global Crypto Exchange Kraken.
There is a wave of Bitcoin cash companies which focus on the accumulation of Bitcoin and the following strategies similar to the strategy.
Although the acquisition of preselection is low compared to companies spending hundreds of millions of dollars on the BTC, the company said that it had the approval of the board of directors to considerably increase its Bitcoin holders and aims to become one of the largest holders of Bitcoins of health care business in the world, in a press release.
“What excites me the most is not only bitcoin as an actor, but the convergence we are witnessing between health care innovation and blockchain technology,” said Danny Yeung, CEO of Prenetics. “We are at the dawn of a new era where genomics, personalized medicine and digital assets will meet in a way that could revolutionize the way we approach human health, longevity and wealth.”
Earlier this week, H100 Group (H100), a Swedish-Technology of Health, announced a transaction of 750 million Kronor ($ 79 million) to support its long-term Bitcoin BTCOIN BTCOIN BTCOTRY strategy.
Prenetics also announced the appointment of Andy Cheung, former Okex COO, to its board of directors.
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