IM8
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Prenetics Adds 100 Bitcoin to Treasury, IM8 Hits $100M ARR
Prenetics (PRE) acquired 100 Bitcoin after a $44M equity offering, increasing its holdings to 378 BTC. CEO Danny Yeung highlights a strong balance sheet ($127M liquidity, zero debt) fueling growth, especially for its IM8 supplement brand, which reached $100M ARR in 11 months. The company aims to combine health innovation with digital asset treasury management, pioneering a “health-and-wealth” platform. Yeung released a manifesto advocating Bitcoin accumulation as a treasury strategy and expects IM8 to generate $180-200M revenue in FY2026.
