Health technology company Prenetics announced that it has ceased daily Bitcoin purchases as of December 4, 2025. Following board approval, Prenetics announced it will no longer purchase Bitcoin, and existing funds will be used entirely for the growth, operations, and strategic expansion of the IM8 brand. The company currently holds 510 Bitcoins as financial reserves and has over $70 million in cash and cash equivalents, with zero debt. The IM8 brand has achieved over $100 million in annualized recurring revenue within 11 months of its launch.
Prenetics: The company ceased its daily Bitcoin purchases on December 4, 2025.
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