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The healthcare firm uses Kraken to kickoff the Bitcoin Treasury, buy a $ 20m worth of BTC

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Prenetics Global Limited (NASDAQ: Pre) is the latest firm in the healthcare space to copy Microstrategy’s $ 40 billion Bitcoin Treasury Strategy, having acquired its first $ 20 million Btc Investment, with the help from Global Crypto Exchange Kraken.

There A surge of bitcoin treasury companies dedicated to accumulating bitcoin and following techniques similar to approach.

Although the prenetics is small by comparing companies that spend a hundred -millions of dollars at the BTC, the company said it has a Board approved that Bitcoin’s holdings have increased and aimed at being one of the biggest healthcare corporates holding Bitcoin around the world, in a statement on Wednesday.

“The most entertaining for me is not only Bitcoin as a Treasury’s owner, but the scene we witness between a change in blockchain health care and technology,” said Danny Yeung, CEO of Prenetics. “We are at dawn of a new era where genomics, personalized drugs, and digital assets will interact in ways that can change how we approach human health, stretch and wealth.”

Earlier this week, The H100 Group (H100), a Swedish technology company, was announced by a 750 million Kronor ($ 79 million) transaction to support the long -term approach to the BTC BTC Treasury.

The prenetics also announced the appointment of Andy Cheung, former Okex COO, to its board of directors.

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