In a rather audacious turn of events, Prenetics, a healthcare firm hailing from the United States and propped up by none other than footballing icon David Beckham, has decided to dip its toes into the murky waters of Bitcoin with a staggering $20 million investment. Naturally, this revelation sent their stock price soaring like a football kicked by Beckham himself. ⚽💰
With this bold move, Prenetics has become the first publicly listed healthcare company to embrace the enigmatic BTC. Headquartered in the bustling metropolis of Hong Kong, this firm boasts a plethora of subsidiaries scattered across the globe, presumably all waiting for their turn to join the crypto craze.
Prenetics Follows MicroStrategy With Bitcoin Bet
In recent weeks, a veritable stampede of corporations has been acquiring and hoarding Bitcoin, and the trend shows no signs of abating. A staggering sixty firms have already jumped on this global bandwagon, potentially setting the stage for a market upheaval of epic proportions. 🚀
Prenetics, the latest contender in this financial free-for-all, has purchased $20 million worth of Bitcoin at an average price of $106,712. One can only imagine the boardroom discussions that led to this decision—perhaps fueled by a few too many celebratory drinks?
“What excites me most is not just Bitcoin as a treasury asset, but the convergence we’re witnessing between healthcare innovation and blockchain technology. We’re at the dawn of a new era where genomics, personalized medicine, and digital assets will intersect in ways that could revolutionize how we approach human health, longevity and wealth,” proclaimed CEO Danny Yeung, likely while donning a lab coat and a Bitcoin-themed tie.
While one might argue that $20 million is a rather steep price to pay for a first-time Bitcoin purchase, it appears to be a rather lucrative gamble of late. Several companies have seen their stock prices skyrocket after joining the ranks of BTC holders, and Prenetics is no exception; their formal foray into the Web3 sector has already sparked a 23% rally in company shares. Talk about a return on investment! 📈
Moreover, this Bitcoin acquisition doesn’t seem to be a fleeting whim. The company has recently appointed Andy Cheung, the former COO at OKEx, to its Board of Directors. With over a decade of experience in the crypto realm, Cheung’s appointment signals a commitment that goes beyond mere speculation.
Prenetics may be the first healthcare firm to embrace Bitcoin, but they certainly don’t intend to rest on their laurels. The firm has also enlisted the expertise of two additional crypto advisors: Token2049 founder Raphael Strauch and Tracy Hoyos Lopez, Chief of Staff for Strategic Initiatives at Kraken. Together, they have grand ambitions for Web3 growth:
“We now have the financial foundation to pioneer innovative treasury management approaches, including our historic Bitcoin treasury strategy. But this is just the beginning – we have the capital partnerships and conviction to build one of the most significant Bitcoin treasuries in healthcare,” Yeung added, likely with a glint of mischief in his eye.
While David Beckham may be heavily invested in Prenetics, he appears to be keeping his distance from the Bitcoin escapade. Nevertheless, the football industry has been flirting with cryptocurrency for years, and a certain famous French team recently initiated its own reserve. Perhaps Beckham’s association with Prenetics will inspire other top-tier athletes to dive into this digital gold rush. After all, who wouldn’t want to score big in both health and wealth? 🏆💸
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2025-06-19 23:51