Prenetics Global has successfully raised $48 million from investors in the cryptocurrency space to fund its daily Bitcoin buying strategy and expand its IM8 supplement brand .
On October 27, 2025 , the Nasdaq-listed company completed a $48 million stock offering of 2,992,596 Class A common shares with warrants, at $16.08 per share .
The offering was oversubscribed, attracting participation from many big names in the crypto world such as Kraken, Exodus, GPTX (owned by Jihan Wu), DL Holdings and American Ventures . Tennis player Aryna Sabalenka and Hong Kong billionaire Adrian Cheng also increased their stakes in the company, while football legend David Beckham remains a shareholder and co-founder of the IM8 brand.
The issuance package includes two types of warrants :
Class A has an exercise price of $24.12/share ,
Class B is priced at $32.16 per share .
Both types are effective immediately and will last for five years from the date of issuance. If all warrants are exercised, the total Capital raised could reach $216 million . The transaction is being exclusively placed by Dominari Securities LLC .
Bitcoin Accumulation Strategy
Prenetics announced plans to build a Bitcoin reserve fund in June 2025 and start buying 1 BTC per day starting August 1, 2025.
As of October 27, the company held around 275 BTC , worth approximately $31 million at current market prices.
After the Capital, Prenetics' total liquidation is expected to reach $131 million . CEO Danny Yeung said the new Capital will help accelerate the company's Bitcoin strategy — a direction that many tech companies are adopting in 2025.
IM8 Brand Growth
Part of the Capital will be used to expand the IM8 brand — a line of dietary supplements co-founded by Prenetics and David Beckham .
IM8 reached $100 million in recurring revenue just 11 months after launch and is expected to reach $160–200 million in 2026 .
Yeung aims for $1 billion in annual revenue over the next five years , in tandem with his long-term Bitcoin accumulation goals.
Prenetics' PRE stock fell 21.96% to close at $13.08 on Monday, but then rebounded 4.51% in after-hours trading , according to Yahoo Finance data. Over the past six months, the stock is still up 161.6% despite falling nearly 20% in the most recent week.
The offering was made under registration form F-3 , approved by the SEC on September 11, 2025, and officially completed on October 28, 2025 , after fully meeting the standard conditions.
