Bitcoin, Supplements, and $48M: Prenetics’ Wild Ride to $1B and Beyond!

by

Ah, Prenetics, the health sciences firm that’s just decided to do it all. A $48M raise, a Bitcoin treasury, and a booming supplement brand. What’s next? World domination?

Prenetics Global, the Nasdaq-listed health sciences company, has somehow managed to secure a hefty $48 million. How? Well, they’ve just closed an oversubscribed equity round. And this cash, dear reader, will be used for two major ambitions: accelerating their Bitcoin treasury plan and launching their IM8 supplement brand worldwide. No big deal, right? Just casually aiming for a billion-dollar Bitcoin stack while taking the supplement industry by storm.

The Crypto Giants Betting on Prenetics’ ‘Dual-Engine Growth Strategy’

And guess who’s backing this? The usual suspects: Kraken, Exodus, and the ever-illustrious GPTX by Jihan Wu. Why? Because nothing says ‘we’re serious’ like having crypto moguls on your team. With this kind of funding, Prenetics’ “dual-engine strategy” is looking more like an unstoppable force. $48 million now, but who knows how much more if those crazy investors keep the cash flowing?

Related Reading: BTC News Today: Trump-Linked American Bitcoin Expands Treasury with $163M BTC Acquisition | Live Bitcoin News

And here’s the kicker: it’s a double warrant structure. Because why not complicate things, right? One warrant at $24.12 per share, another at $32.16. Who wouldn’t want to buy in at that price, knowing you’ve got five years to exercise it? If all the warrants are exercised, we could be looking at $216 million. Just a casual Tuesday in the world of high-stakes crypto finance.

Yeung, the company spokesperson (probably sipping coffee and marveling at his life choices), says IM8 has already pulled in a cool $100 million in annual recurring revenue. In less than a year! That’s the kind of rocket speed that gets you noticed in the supplement world, my friend. IM8 is on track to become a multi-billion-dollar juggernaut, and it’s only just getting started.

Co-founded with none other than Beckham, IM8 is now outperforming expectations. Revenue projections for 2026? A mere $160 million to $200 million. Yeah, you read that right. And with the global supplements market poised to hit $704 billion by 2030, IM8’s share of that pie is looking pretty sweet. Get ready for a heavy-hitter in the industry.

Prenetics’ $1B Bitcoin Dream: Is This Real Life?

Hold onto your hats, because Prenetics isn’t stopping there. They’ve set their sights on $1 billion in yearly revenue and, wait for it, a $1 billion Bitcoin treasury. Yes, they’re aiming for the stars, folks, and they plan to do it all in the next five years. No big deal, right?

This new $48 million boost? It’s just the beginning. With this kind of cash, they’re accelerating their Bitcoin treasury strategy. You know, the one where they acquire 1BTC a day like it’s no biggie. Investors are all in, and their support could make this ambitious project a reality. We’re talking about a company that’s straddling the line between health science and cryptocurrency-two worlds that don’t typically mingle, but when they do, magic happens.

And here’s where things get really interesting: Prenetics is now reviewing its strategy. They plan to divest non-core business assets and focus all resources on the IM8 opportunity. It’s all about that sweet, sweet market share, and they’re going all in. No distractions, just straight to the top.

In the end, this $48 million raise isn’t just a win for Prenetics-it’s a win for anyone watching the intersection of health and Bitcoin. Prenetics is pioneering a new path, one that blends the rapid expansion of a health brand with the volatile world of digital assets. It’s bold, it’s innovative, and it’s definitely worth watching. The world is watching, and so should you.

Read More

2025-10-28 18:33