PRENETICS GLOBAL LIMITED (NASDAQ: PRE) is the last company in the health space to copy the Bitcoin Treasury strategy of $ 40 billion of Microstrategy, after having acquired its first BTC investment of $ 20 million, with the help of Global Crypto Exchange Kraken.
There is an increase in Bitcoin Treasury companies that focus on accumulating Bitcoin and following strategies similar to the strategy.
Although the acquisition of prenetics is small compared to the companies that spend hundreds of millions of dollars in BTC, the firm said it has the approval of the Board to substantially increase its Bitcoins holdings and aims to become one of the largest owners of Bitcoins of health worldwide, in a press release on Wednesday.
“What excites me most is not only Bitcoin as a treasure asset, but the convergence we are witnessing between the innovation of blockchain health and technology,” said Danny Yeung, CEO of Prednetics. “We are at the dawn of a new era in which genomics, personalized medicine and digital assets will cross so that we can revolutionize how we address health, longevity and human wealth.”
Earlier this week, H100 Group (H100), a Swedish health technology company, announced a transaction of 750 million Kronor ($ 79 million) to support its long -term BTC BTC Treasury strategy.
Predetics also announced the appointment of Andy Cheung, former OKEX Operations Director, to his board of directors.
Read more: Trump Media and Semler Scientific could be the cheapest Bitcoin Treasury companies through this metric
