The listed medical company Prenetics completes its first $20 million Bitcoin investment, purchasing 187.42 $BTC

According to CoinDesk, healthcare company Prenetics Global (NASDAQ: PRE) announced that it has completed its first $20 million Bitcoin investment through the Kraken exchange, purchasing 187.42 $BTC at an average price of $106,712.

The company stated that it has received approval from its board to continue increasing its holdings, aiming to become one of the global medical enterprises with the largest Bitcoin holdings. Prenetics CEO Danny Yeung pointed out that this investment will not only use Bitcoin as a reserve asset but also sees promising prospects for the integration of blockchain technology with genomics and personalized medicine. Additionally, Prenetics announced the appointment of former CEO of OKEx, Andy Cheung, as a member of its board.