Does one bitcoin a day hold the physician away?
Prenetics International Restricted (NASDAQ: PRE), a Hong Kong-based well being sciences firm, introduced right this moment the profitable pricing of a public fairness providing anticipated to generate roughly $48 million in gross proceeds, with the potential to boost as much as $216 million if all accompanying warrants are exercised.
The capital elevate is meant to help the growth of its complement model, IM8, whereas bolstering Prenetics’ Bitcoin treasury technique.
The corporate has a disciplined Bitcoin accumulation plan, buying one bitcoin per day since August 1, 2025, and at the moment holds roughly 275 BTC, valued at $31 million as of October 27.
Prenetics stated the providing attracted a distinguished group of institutional and particular person buyers, together with main crypto platforms and monetary companies akin to Kraken, Exodus (NYSE: EXOD), GPTX by Bitcoin mining pioneer Jihan Wu, American Ventures LLC, XtalPi (2228.HK), DL Holdings (1709.HK), and Mythos Group, amongst others.
The providing, led by sole placement agent Dominari Securities LLC, consists of two,992,596 Class A bizarre shares and/or pre-funded warrants, together with Class A and Class B warrants exercisable for as much as 5,985,192 further shares.
The Class A warrants carry an train value of $24.12 — 50% above the providing value of $16.08 — whereas the Class B warrants are exercisable at $32.16, or a 100% premium. Each warrants are instantly exercisable upon issuance and have five-year phrases.
Excessive-profile strategic buyers like Aryna Sabalenka, the world No. 1 tennis participant, and Adrian Cheng, a distinguished Asian entrepreneur, additionally elevated their stakes within the firm. David Beckham is additionally a distinguished backer.
Prenetics’ complement model IM8 hit $100 million ARR in 11 months and goals for $180–$200 million in 2026 inside the $704 billion world market, the corporate stated.
CEO Danny Yeung highlighted the corporate’s twin give attention to well being dietary supplements and cryptocurrency.
“IM8 has enormous world potential, evidenced already by our extraordinary traction throughout a number of markets. We’re notably honored to have the backing of a distinguished group of recent and present strategic buyers who share our confidence in our dual-engine technique,” Yeung stated.
Bitcoin accumulation: One bitcoin per day
As talked about earlier, Prenetics has a Bitcoin accumulation plan, buying one bitcoin per day since August 1, 2025, and at the moment holds roughly 275 BTC, valued at $31 million as of October 27.
Financially, Prenetics will maintain roughly $100 million in money post-offering, bringing its complete liquidity — together with Bitcoin holdings — to round $131 million.
The corporate additionally plans to evaluation and divest non-core enterprise models to focus sources on IM8 and Bitcoin initiatives.
The providing is anticipated to shut on or round October 28, 2025, pending customary situations. Prenetics positions itself as pursuing a daring long-term ambition: to succeed in $1 billion in annual income alongside $1 billion in Bitcoin holdings inside the subsequent 5 years, combining well being complement development with cryptocurrency accumulation as a cornerstone of its company technique.
IM8’s operational efficiency underscores the model’s subscription-driven development mannequin, with greater than 12 million servings shipped to over 420,000 buyer orders throughout 31 nations.
Common order values have risen from $110 to $145 following the launch of IM8’s Every day Final Longevity product, reflecting robust shopper demand for premium choices.
