Nasdaq-listed healthcare company Prenetics Global secured $48 million in an oversubscribed equity round, attracting both traditional and crypto investors to advance its Bitcoin treasury strategy and scale its supplement brand IM8. Having accumulated approximately 275 BTC since launching its Bitcoin treasury plan, Prenetics aims to expand IM8 internationally, targeting $1 billion in revenue and Bitcoin holdings within five years. Despite positive growth projections, the company's stock saw initial volatility but remains up over 160% in six months. The broader crypto treasury market is also evolving amid recent industry developments.
Continue to read Prenetics Raises $48M to Amplify Bitcoin Treasury and Expand IM8 Supplement Brand Globally
Nasdaq-listed healthcare company Prenetics Global secured $48 million in an oversubscribed equity round, attracting both traditional and crypto investors to advance its Bitcoin treasury strategy and scale its supplement brand IM8. Having accumulated approximately 275 BTC since launching its Bitcoin treasury plan, Prenetics aims to expand IM8 internationally, targeting $1 billion in revenue and Bitcoin holdings within five years. Despite positive growth projections, the company's stock saw initial volatility but remains up over 160% in six months. The broader crypto treasury market is also evolving amid recent industry developments.
Continue to read Prenetics Raises $48M to Amplify Bitcoin Treasury and Expand IM8 Supplement Brand Globally
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