Prenetics Halts Bitcoin Purchases to Focus on Rapidly Growing IM8 Business

Prenetics (NASDAQ: PRE), a health-sciences company that raised $48 million earlier this year, has announced it will stop purchasing bitcoin amid continued weakness in the cryptocurrency market. The decision marks a strategic shift as the company redirects its capital and attention toward its fast-growing IM8 business, which has exceeded internal growth expectations.

Source: tokenpost.com

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