Overview
- Following board approval, Prenetics has halted future Bitcoin acquisitions after ending daily purchases on December 4, 2025.
- The company will retain its 510 BTC as a treasury reserve asset but will not allocate any capital to expand that position.
- All capital and operational focus will be directed to IM8, including product innovation, brand building, talent hiring, working capital, and international expansion.
- IM8 surpassed $100 million in annualized recurring revenue within 11 months of launch, with fiscal 2026 revenue projected at $180 million to $200 million.
- Prenetics reports a strong balance sheet with more than $70 million in cash and cash equivalents and zero debt to fund IM8’s next phase.