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Prenetics Halts Bitcoin Buying Program
David Beckham-backed health company Prenetics Stopped Buying Bitcoin on Dec 4 to focus on its Nutrition Brand IM8.
▪️ Retaining 510 BTC (~$45M) as Reserve
▪️ No Future BTC Purchases Planned
▪️ IM8 hit $100M Revenue in 11 Months
▪️ Projecting $180-200M for 2026
CEO: "IM8's Success Exceeded all Expectations."
Another Company Stepping Back from Crypto Treasury Strategy Amid Market Conditions.