Reported about 13 hours ago
Prenetics Global Limited has announced the acquisition of $20 million in Bitcoin, purchasing 187.42 BTC at an average price of $106,712 each, to strengthen its long-term Bitcoin treasury strategy. This initiative, approved by the Board, aims to allocate significant portions of the company's balance sheet to Bitcoin, while also implementing various alpha-generating strategies. The company plans to accept cryptocurrency payments across its consumer platforms and is focused on transforming corporate treasury management in the digital era.
Source: YAHOO