Prenetics, a health science company backed by David Beckham, has significantly expanded its Bitcoin holdings by acquiring 100 BTC on October 31, 2025. This purchase, costing approximately $109,594 per Bitcoin, increases the company's total Bitcoin treasury to 378 BTC, valued at around $41 million.
The acquisition follows Prenetics' successful $44 million equity offering, which closed on October 28, 2025, and was oversubscribed. This move builds on the company's initial entry into the Bitcoin treasury market in June 2025, when it purchased $20 million worth of Bitcoin. Currently, Prenetics boasts $127 million in total liquidity, comprising $86 million in cash and $41 million in Bitcoin, with zero debt, enhancing its financial flexibility.
CEO Danny Yeung emphasized that this strategic capital deployment aligns with the company's long-term objectives, stating, "This 100 Bitcoin acquisition demonstrates our immediate execution on the strategic vision we outlined to investors." He highlighted that the strong balance sheet provides a substantial runway for growth, including maintaining market leadership in its IM8 supplement brand, which has achieved $100 million in annual recurring revenue and projects revenues of $180-$200 million for fiscal year 2026.
Looking ahead, Prenetics plans to continue its Bitcoin accumulation strategy by purchasing 1 BTC daily and making larger, opportunistic acquisitions during favorable market conditions, such as price dips, to build long-term value for shareholders.
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