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The US-listed healthcare company Prenetics is transforming its Bitcoin strategy and has purchased 187.42 Bitcoins.
On June 18, The Block reported that Nasdaq-listed healthcare company Prenetics Global announced the launch of a Bitcoin strategy. The company has completed the purchase of 187.42 Bitcoins through a CEX accomplice account at an average price of $106,712. The company stated that earlier, it had divested ACT Genomics earlier on Wednesday, which increased Prenetics’ total cash, Bitcoin, and short-term assets to approximately $117 million, enabling the company to implement a comprehensive Bitcoin strategy. Prenetics also announced the appointment of former CEX Chief Operating Officer Andy Cheung to the board, bringing cryptocurrency industry experience to help guide its long-term Bitcoin strategy. In addition, CEX Strategic Plan Chief of Staff and Bitcoin Advocacy Project board member Tracy Hoyos Lopez also joined Prenetics as an advisor.