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Buying bitcoin is no longer a thing for this David Beckham-backed health company
Six months - and a bitcoin selloff - after making a splash by saying it was the first healthcare company to establish a bitcoin treasury, Prenetics has abandoned the strategy Prenetics has ditched its bitcoin-buying strategy just six months after announcing a long-term commitment to the cryptocurrency as a treasury reserve asset. Talk about an about-face. What Prenetics Global once a called a long-term, "unprecedented commitment" to bitcoin has gone by the wayside in just six months. The Hong Kong-based health-sciences company (PRE) on Tuesday announced what it called an update to its capital-allocation strategy, ... (full story)
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