Prenetics Leads in Consumer Health, Holds $31.6M in Bitcoin
Prenetics, a leading consumer healthcare company, has made waves in the tech and health sectors. The company, listed on NASDAQ as PRE, has established a bitcoin treasury, currently holding 255.4 BTC, valued at $31.6 million, with an unrealized profit of $3.86 million. This move, coupled with its strong financial position and innovative initiatives, has positioned Prenetics as a trailblazer in its industry.
Prenetics' financial prowess is evident in its bitcoin holdings and cash reserves. The company has been consistently purchasing 1 BTC daily since August 1, 2025, with all holdings custodied at Kraken. Its total cash reserves, excluding its bitcoin treasury, exceed $60 million, and it maintains a debt-free balance sheet. This robust financial health is further bolstered by its recent divestment of ACT Genomics Co., Ltd. to Delta Electronics, Inc., which contributed to a capital surplus of over $60 million US dollars for HBM Healthcare Investments in 2023.
Prenetics' success is not merely financial. Its flagship consumer health brand, IM8, is on track to achieve an annualized revenue run-rate (ARR) of $100 million within its first 12 months of launch. The company's dedication to advancing consumer health is evident in its initiatives, including IM8, Europa, and CircleDNA. These innovations, coupled with strategic moves like the spin-off of ACT Genomics Co., Ltd., have led to a significant cash influx. Prenetics received $39.9 million in cash and approximately $6.3 million held in escrow from a $72 million transaction.
Prenetics' bitcoin treasury, strong financial position, and innovative initiatives have solidified its status as a leader in consumer healthcare. With Angela Cheung serving as the Investor Relations / Corporate Finance contact, investors can reach out to [email protected] or [email protected] for more information. As Prenetics continues to grow and innovate, its commitment to advancing consumer health remains unwavering.