Market Cap: $4.176T -0.50%
Volume(24h): $119.1028B -44.94%
  • Market Cap: $4.176T -0.50%
  • Volume(24h): $119.1028B -44.94%
  • Fear & Greed Index:
  • Market Cap: $4.176T -0.50%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$122288.232522 USD

0.16%

ethereum
ethereum

$4480.662914 USD

-0.22%

xrp
xrp

$2.962747 USD

-2.32%

tether
tether

$1.000120 USD

-0.05%

bnb
bnb

$1145.654223 USD

-2.07%

solana
solana

$227.105217 USD

-1.67%

usd-coin
usd-coin

$0.999548 USD

-0.02%

dogecoin
dogecoin

$0.250875 USD

-2.04%

tron
tron

$0.340654 USD

-0.49%

cardano
cardano

$0.837968 USD

-2.52%

hyperliquid
hyperliquid

$48.960449 USD

0.06%

chainlink
chainlink

$22.049280 USD

-1.33%

ethena-usde
ethena-usde

$1.000404 USD

0.02%

sui
sui

$3.586212 USD

0.20%

avalanche
avalanche

$29.894916 USD

-4.18%

Cryptocurrency News Articles

Prenetics, Danny Yeung, and Token 2049: A Bold Bitcoin Strategy

Sep 30, 2025 at 08:01 pm

Prenetics' Danny Yeung keynotes at Token 2049, highlighting their unique Bitcoin treasury strategy powered by IM8's rapid growth, signaling a shift in corporate finance.

Prenetics, Danny Yeung, and Token 2049: A Bold Bitcoin Strategy

Prenetics, Danny Yeung, and Token 2049: A Bold Bitcoin Strategy

Prenetics, under the leadership of CEO Danny Yeung, made waves at Token 2049 in Singapore. But what exactly did they do, and why should you care? Let’s dive in!

Prenetics' Unique Position

Danny Yeung’s keynote address, “IM8: The World’s Fastest-Growing Supplement Brand Powering Our Bitcoin Treasury,” underscored Prenetics' unusual strategy: building a substantial digital asset treasury alongside a rapidly expanding core business. Unlike many firms dabbling in digital assets without a solid operational foundation, Prenetics is leveraging IM8’s impressive growth to systematically acquire Bitcoin.

The Bitcoin Treasury Strategy

Prenetics adopted a corporate Bitcoin strategy in June 2025, allocating a significant portion of its balance sheet to Bitcoin and integrating it into its operations. Starting with an initial purchase of 187.42 BTC for approximately $20 million, the company has been consistently acquiring one Bitcoin daily since August 1, 2025. As of today, Prenetics holds 248.42 BTC, with plans to continue this daily acquisition through the end of 2025 and potentially increase the rate in 2026.

Why This Matters

This move by Prenetics signals a broader shift in how companies view treasury management. Executives see Bitcoin as a hedge and store of value, operating outside the traditional financial markets. The fact that purchases are funded from surplus liquidity ensures that operational needs remain unaffected.

This strategy sets Prenetics apart, showcasing that even companies outside the tech and finance sectors are beginning to recognize the potential of crypto. It’s not just about speculation; it’s about strategic asset allocation.

Personal Take

It's pretty wild to see a health sciences company diving headfirst into Bitcoin! Prenetics' approach is a bold move, blending the worlds of consumer health and digital assets. This could be a game-changer, encouraging other companies to explore similar strategies. Plus, it adds a layer of excitement to what might otherwise be seen as a more traditional business.

Token 2049 and Beyond

Prenetics' presence at Token 2049 highlights the growing intersection of traditional business and the crypto world. As more companies like Prenetics integrate digital assets into their strategies, we can expect to see further innovation and perhaps a redefinition of corporate finance.

Wrapping Up

So, what’s the takeaway? Prenetics, led by Danny Yeung, isn't just playing around with Bitcoin; they're making a statement. Keep an eye on this space—it's about to get even more interesting. Who knows, maybe your local grocery store will start stacking sats next!

Original source:globenewswire

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Oct 06, 2025