Prenetics purchased 100 BTC at an average price of $109,594 per coin, increasing its total holdings to 378 BTC valued at approximately $41 million.
The purchase followed a $44 million equity offering that closed on October 28, 2025, giving the company $127 million in liquidity—$86 million in cash and $41 million in Bitcoin—and a debt‑free balance sheet.
The move is part of Prenetics’ dual‑engine strategy that pairs rapid consumer‑health growth, led by its IM8 supplement brand, with strategic digital‑asset accumulation. IM8 reached $100 million in annual recurring revenue in 11 months, and the company has guided full‑year 2025 revenue to $85‑$100 million with a breakeven target of Q1 2026.
Prenetics has been building its Bitcoin treasury throughout 2025, having purchased $20 million worth of BTC in June and buying one Bitcoin per day since August 1. The latest acquisition of 100 BTC is a strategic deployment of capital from the equity raise, viewed as a buying opportunity amid a market dip.
The company maintains a debt‑free balance sheet and continues to pursue its goal of reaching $1 billion in annual revenue and $1 billion in Bitcoin holdings within five years.
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