Prenetics Global Limited, listed on NASDAQ, has embarked on a strategy of daily Bitcoin acquisitions, reflecting confidence in this asset.
Acquisition Strategy
Since August 1, 2025, Prenetics has been acquiring 1 Bitcoin daily, with current holdings at approximately 228 BTC. This strategy indicates the company's belief in Bitcoin's value retention and growth potential.
Role of CEO Danny Yeung
CEO Danny Yeung has been essential in leading the initiative to bolster the company's cryptocurrency assets. His role has been pivotal in the development and implementation of the Bitcoin acquisition strategy.
Market Impact
Corporate acquisitions of Bitcoin, like that of Prenetics, may affect the general interest in cryptocurrencies among institutional investors. Strengthening Bitcoin's position as a treasury asset may increase its appeal to other corporations.
Prenetics' Bitcoin acquisition may signal a broader trend among businesses to use cryptocurrencies as protection against inflation and reliable financial assets.
