{"id":5221,"date":"2025-10-27T16:16:19","date_gmt":"2025-10-27T16:16:19","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/10\/27\/one-bitcoin-a-day-prenetics-raises-48m-to-accelerate-bitcoin-treasury-strategy\/"},"modified":"2025-10-27T16:16:19","modified_gmt":"2025-10-27T16:16:19","slug":"one-bitcoin-a-day-prenetics-raises-48m-to-accelerate-bitcoin-treasury-strategy","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/10\/27\/one-bitcoin-a-day-prenetics-raises-48m-to-accelerate-bitcoin-treasury-strategy\/","title":{"rendered":"One Bitcoin a Day: Prenetics Raises $48M to Accelerate Bitcoin Treasury Strategy"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

One Bitcoin a Day: Prenetics Raises $48M to Accelerate Bitcoin Treasury Strategy<\/a><\/p>\n

<\/div>\n

Does one bitcoin a day keep the doctor away? <\/p>\n

Prenetics Global Limited (NASDAQ: PRE), a Hong Kong-based health sciences company, announced today the successful pricing of a public equity offering expected to generate approximately $48 million in gross proceeds, with the potential to raise up to $216 million if all accompanying warrants are exercised.\u00a0<\/p>\n

The capital raise is intended to support the expansion of its supplement brand, IM8, while bolstering Prenetics\u2019 Bitcoin treasury strategy<\/a>. <\/p>\n

The company has a disciplined Bitcoin accumulation plan, purchasing one bitcoin per day since August 1, 2025, and currently holds approximately 275 BTC, valued at $31 million as of October 27.<\/p>\n

Prenetics said the offering attracted a distinguished group of institutional and individual investors, including major crypto platforms and financial firms such as Kraken, Exodus (NYSE: EXOD), GPTX by Bitcoin mining pioneer Jihan Wu, American Ventures LLC, XtalPi (2228.HK), DL Holdings (1709.HK), and Mythos Group, among others.<\/p>\n

The offering, led by sole placement agent Dominari Securities LLC, consists of 2,992,596 Class A ordinary shares and\/or pre-funded warrants, along with Class A and Class B warrants exercisable for up to 5,985,192 additional shares.\u00a0<\/p>\n

The Class A warrants carry an exercise price of $24.12 \u2014 50% above the offering price of $16.08 \u2014 while the Class B warrants are exercisable at $32.16, or a 100% premium.\u00a0Both warrants are immediately exercisable upon issuance and have five-year terms.<\/p>\n

High-profile strategic investors like Aryna Sabalenka, the world No. 1 tennis player, and Adrian Cheng, a prominent Asian entrepreneur, also increased their stakes in the company. David Beckham is also a prominent backer<\/a>.<\/p>\n

Prenetics\u2019 supplement brand IM8 hit $100 million ARR in 11 months and aims for $180\u2013$200 million in 2026 within the $704 billion global market, the company said.\u00a0<\/p>\n

CEO Danny Yeung highlighted the company\u2019s dual focus on health supplements and cryptocurrency.\u00a0<\/p>\n

\u201cIM8 has huge global potential, evidenced already by our extraordinary traction across multiple markets. We\u2019re particularly honored to have the backing of a distinguished group of new and existing strategic investors who share our confidence in our dual-engine strategy,\u201d Yeung said.\u00a0<\/p>\n

Bitcoin accumulation: One bitcoin per day<\/h2>\n

As mentioned earlier, Prenetics has a Bitcoin accumulation plan, purchasing one bitcoin per day since August 1, 2025, and currently holds approximately 275 BTC, valued at $31 million as of October 27.<\/p>\n

Financially, Prenetics<\/a> will hold roughly $100 million in cash post-offering, bringing its total liquidity \u2014 including Bitcoin holdings \u2014 to around $131 million.\u00a0<\/p>\n

The company also plans to review and divest non-core business units to focus resources on IM8 and Bitcoin initiatives.<\/p>\n

The offering is expected to close on or around October 28, 2025, pending customary conditions. Prenetics positions itself as pursuing a bold long-term ambition: to reach $1 billion in annual revenue alongside $1 billion in Bitcoin holdings within the next five years, combining health supplement growth with cryptocurrency accumulation as a cornerstone of its corporate strategy.<\/p>\n

IM8\u2019s operational performance underscores the brand\u2019s subscription-driven growth model, with more than 12 million servings shipped to over 420,000 customer orders across 31 countries.\u00a0<\/p>\n

Average order values have risen from $110 to $145 following the launch of IM8\u2019s Daily Ultimate Longevity product, reflecting strong consumer demand for premium offerings.<\/p>\n

This post One Bitcoin a Day: Prenetics Raises $48M to Accelerate Bitcoin Treasury Strategy<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine One Bitcoin a Day: Prenetics Raises $48M to Accelerate Bitcoin Treasury Strategy Does one bitcoin a day keep the doctor away? Prenetics Global Limited (NASDAQ: PRE), a Hong Kong-based health sciences company, announced today the successful pricing of a public equity offering expected to generate approximately $48 million in gross proceeds, with the […]<\/p>\n","protected":false},"author":0,"featured_media":5222,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5221","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5221"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5222"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}