Weekly News, June 14-20, 2025.
Health company Prenetics initiates a strategy to increase Bitcoin in its treasury assets with a $20 million purchase.
Prenetics Global, a health science company, has initiated a Bitcoin Treasury Strategy with the acquisition of $20 million worth of BTC. The company purchased 187.42 coins at an average price of $106,712.00 per Bitcoin. This strategic move follows the sale of its ACT Genomics business, which boosted Prenetics' cash and asset reserves to guide this new Bitcoin strategy. The company has appointed former OKX COO Andy Cheung to its board and has invited Tracy Hoyos Lopez and Raphael Strauch as advisors. Danny Yeung, CEO of Prenetics, has expressed a long-term vision of integrating Bitcoin into healthcare innovation.
Read the full article here: https://t.co/r82Je2GXYS
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