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Bitcoin Bet: Healthcare Firm Prenetics Invests $20M After Market Cap Drops 94%

Prenetics Global Limited has disclosed plans to establish a corporate bitcoin treasury despite a 94% stock decline since its 2022 public debut. Prenetics Allocates to Bitcoin The Nasdaq-listed health sciences company pur...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Bet: Healthcare Firm Prenetics Invests $20M After Market Cap Drops 94%
Prenetics Global Limited has disclosed plans to establish a corporate bitcoin treasury despite a 94% stock decline since its 2022 public debut. Prenetics Allocates to Bitcoin The Nasdaq-listed health sciences company purchased $20 million worth of bitcoin (187.42 BTC at $106,712/ BTC) via Kraken, it announced on June 18. The move follows a 1-for-15 reverse […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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