Health Care Company Acquires bitcoin

[tech30338]

According to the news this company is the first to acquire bitcoin, they are also planning in the future to accept crypto payment, aside from that they also assign a former okex coo andy cheung to lead on this.
Who is Prenetics? they are health science company, they specialized in early detection of disease , prevent, and treatment, and cancer diagnosis, they were founded in 2014 and they also list on nasdaq.
they are a company with headquarters in hongkong and also operates in US
What can you say about this move? and what would be the effect globally?

Here is the link of the news:
https://www.globenewswire.com/news-release/2025/06/18/3101472/0/en/Prenetics-Becomes-First-Healthcare-Company-to-Execute-Aggressive-Bitcoin-Treasury-Strategy-Secures-20M-in-BTC-Appoints-Former-OKEx-COO-to-Board.html

[FortuneFollower]

^ Good job, I guess?

The head of the directors had the influence to push for something new, and he did, probably.

[Ojima-ojo]

A lot of those companies are beginning to diversify into digital assets and Bitcoin is at the center of the diversification, who don't want to benefit from the several advantages of Bitcoin in the long term.


In some years to come, this company is going to be ranked among the early companies to buy Bitcoin from their reserves.

[PrivacyG]

Who is Prenetics? they are health science company, they specialized in early detection of disease , prevent, and treatment, and cancer diagnosis,

And this sounds like an excellent plan to ensure there are enough funds in the future.  For a health science company, this is a really smart move.  I am not going to hype this up as a 'I hope they hold to oblivion' because I know they WILL have to sell in the future, just like Micro Strategy will.

At the end of the day, Saylor has recently been purchasing Bitcoin as often as I purchase my groceries.  It would have been dubious if nobody else had a growing interest and took a similar path by investing in Bitcoin as well.

[FortuneFollower]

A lot of those companies are beginning to diversify into digital assets and Bitcoin is at the center of the diversification, who don't want to benefit from the several advantages of Bitcoin in the long term.


In some years to come, this company is going to be ranked among the early companies to buy Bitcoin from their reserves.

Only if they will continue what they do.

We will see about that.

[lionheart78]

The stance of the US president and the hearing of the US states in making Bitcoin reserver and the approval of some of it states had influenced the Bitcoin accumulation of private companies and institutions greatly.  Although Microstrategy had pioneered the movement, it is the news about US getting into Bitcoin by having a Bitcoin reserve had boost the Bitcoin  institutional FOMO and influenced politicians, businessmen, entrepreneur and other wealthy people to look into Bitcoin and invest in it.

A lot of those companies are beginning to diversify into digital assets and Bitcoin is at the center of the diversification, who don't want to benefit from the several advantages of Bitcoin in the long term.


In some years to come, this company is going to be ranked among the early companies to buy Bitcoin from their reserves.

That is if Bitcoin value continues to go up, these companies may experience a roller coaster ride since the Bitcoin market is still a highly volatile market.  Let us see who has the capacity to withstand the bear market and continue to accumulate despite their holdings' value dwindling down during the absent of the bullish sentiment.

[hero_the_bossman]

That is if Bitcoin value continues to go up, these companies may experience a roller coaster ride since the Bitcoin market is still a highly volatile market.  Let us see who has the capacity to withstand the bear market and continue to accumulate despite their holdings' value dwindling down during the absent of the bullish sentiment.

Some will surely fall off down the line: they need to understand that to see green, they need to see red too, on a big and small scale alike.

[BABY SHOES]

Maybe because Donald Trump has accepted bitcoin then some institutions do it where they acquire bitcoin... this is definitely a good move and we are happy to hear that institutions are starting to move towards bitcoin especially as a means of payment there is still the possibility that other private institutions will follow suit.

The global impact does not seem to be... this is still valid in the US while other countries and institutions that are not in the US are still unable to adopt bitcoin.

[Z-tight]

If that's what they want to do, then good, we all are bitcoiners, so buying BTC can almost never be wrong in our eyes, except with borrowed funds or things like that. Everyday it is a new company, country or institution acquiring BTC, it is not bad at all for adoption and this would surely lead to an overall reduction in volatility levels and reflect on how quickly the price of BTC recovers from a fall in price.

[Japinat]

A company acquiring and accepting crypto as payment for the services they offer is definitely a good sign.. it’s positive news. And the fact that the company is listed on Nasdaq makes it even better. This is the kind of development we want to see: companies that not only accumulate Bitcoin but also accept it as payment. That’s what drives real adoption.

I'm sure more companies will follow and enter the crypto market soon. It likely adds more value to the business, especially if it's publicly listed on platforms like Nasdaq .

[Davidvictorson]

What can you say about this move? and what would be the effect globally?

I always received this type of news with a lot of happiness and optimism for ripple effect it is going to have on the other organizations which are in the same industry. I am thinking of the competitive advantage they will have over the others. And if they do well in the next one year and people including their competitors see their end of year financial report which improved because of this move, then they will acquire Bitcoin too. This is the healthcare sector, next will be the agro sector.

[Asiska02]

Bitcoin is diversifying more into other sectors and not just on the tech sector only, which it is known for since its inception. Seeing bold moves from this companies bring a brim of more hope to bitcoin investors because it shows a positive sign that the investment will not be massively invested into by this big companies without them having a brighter future for it. Bitcoin will become a competition to this big companies in the future, those getting in now will enjoy the ride more because Bitcoin will become worth more than what they’re buying it now.

[FortuneFollower]

If that's what they want to do, then good, we all are bitcoiners, so buying BTC can almost never be wrong in our eyes, except with borrowed funds or things like that. Everyday it is a new company, country or institution acquiring BTC, it is not bad at all for adoption and this would surely lead to an overall reduction in volatility levels and reflect on how quickly the price of BTC recovers from a fall in price.

That's as good as it's bad: would the end of volatility on BTC be more good than bad going forward? I think yes, it would make BTC better for the adoption of it as for usage for different services and such, but for people seeing it only as an investment, it would be their bane.

[Zlantann]

If that's what they want to do, then good, we all are bitcoiners, so buying BTC can almost never be wrong in our eyes, except with borrowed funds or things like that. Everyday it is a new company, country or institution acquiring BTC, it is not bad at all for adoption and this would surely lead to an overall reduction in volatility levels and reflect on how quickly the price of BTC recovers from a fall in price.

It seems we hear news about companies buying Bitcoin every week. I recently saw the news that the French Football club Paris Saint-Germain F.C was buying Bitcoin as a strategic reserve. Just hoping that these companies have good plans on how to manage these assets. They should be aware there there might be a time when the price will depreciate and shareholders might begin to experience FUD. Anyway seeing these companies invest in Bitcoin is a sign that Bitcoin is penetrating into diverse fields.

[hero_the_bossman]

It seems we hear news about companies buying Bitcoin every week. I recently saw the news that the French Football club Paris Saint-Germain F.C was buying Bitcoin as a strategic reserve. Just hoping that these companies have good plans on how to manage these assets. They should be aware there there might be a time when the price will depreciate and shareholders might begin to experience FUD. Anyway seeing these companies invest in Bitcoin is a sign that Bitcoin is penetrating into diverse fields.

Yeah, I already imagine cases of lost cause for said shareholders because they wouldn't understand why there are such dips on what they got their hands on, and hopefully, they will pull through and see the brighter side of things

[2Pizza410000BTC]

According to the news this company is the first to acquire bitcoin, they are also planning in the future to accept crypto payment, aside from that they also assign a former okex coo andy cheung to lead on this.
Who is Prenetics? they are health science company, they specialized in early detection of disease , prevent, and treatment, and cancer diagnosis, they were founded in 2014 and they also list on nasdaq.
they are a company with headquarters in hongkong and also operates in US
What can you say about this move? and what would be the effect globally?

The health science company that they have accepted Bitcoin and bought Bitcoin, it was not a wrong decision at all and they did not take any wrong steps. Moreover, they are not the first, many countries and many companies have accepted Bitcoin and introduced it as a payment. If there was any doubt about Bitcoin or if any other country or any company did not accept Bitcoin, then there would be some doubt in that case since Bitcoin has now reached the peak of popularity and is planning to keep it in strategic reserves in banks in different countries, so the decision of the health science company to accept Bitcoin and introduce payments has been absolutely perfect.

[DanWalker]

Sooner or later, institutions and companies in every sector of the world will invest in bitcoin, it is inevitable. These types of news will soon become normal and no longer noteworthy as bitcoin has entered a new era. We already have bitcoin ETFs, strategic bitcoin reserves...so it's no longer surprising that some organizations or companies are buying bitcoin.

If we are still concerned about who is buying bitcoin, then the names we should be more concerned about are Microsoft, Apple or Google…they are the world's leading companies and so far, they have kept quiet about getting involved in bitcoin.

[henry_of_skalitz]

Sooner or later, institutions and companies in every sector of the world will invest in bitcoin, it is inevitable. These types of news will soon become normal and no longer noteworthy as bitcoin has entered a new era. We already have bitcoin ETFs, strategic bitcoin reserves...so it's no longer surprising that some organizations or companies are buying bitcoin.

If we are still concerned about who is buying bitcoin, then the names we should be more concerned about are Microsoft, Apple or Google…they are the world's leading companies and so far, they have kept quiet about getting involved in bitcoin.

They were trying to do something as far as I remember, but they turned the ideas regarding it off, or into the drawers, so to speak: I agree that we need to look after them too, but for now, any company going in is a good news.

[Ishicryptic]

It is a move in the right direction, buying Bitcoin is a very wise business decision, hold it for profit while doing you normal business, institutions like Microstrategy has opened the door for many establishments to get in. It will also be a plus for them when they start to accept Bitcoin as payment, it will help to boost their reserve. People and institutions that are not accumulating and holding now will miss out in the future because it will make all the people, companies and governments that are holding now till then richer. The rate of Bitcoin adoption from retail to government levels are on the increase, everytime we hear positive news about holding Bitcoin it's value increases.

[shield132]

According to the news this company is the first to acquire bitcoin, they are also planning in the future to accept crypto payment, aside from that they also assign a former okex coo andy cheung to lead on this.
Who is Prenetics? they are health science company, they specialized in early detection of disease , prevent, and treatment, and cancer diagnosis, they were founded in 2014 and they also list on nasdaq.
they are a company with headquarters in hongkong and also operates in US
What can you say about this move? and what would be the effect globally?

Here is the link of the news:
https://www.globenewswire.com/news-release/2025/06/18/3101472/0/en/Prenetics-Becomes-First-Healthcare-Company-to-Execute-Aggressive-Bitcoin-Treasury-Strategy-Secures-20M-in-BTC-Appoints-Former-OKEx-COO-to-Board.html

They not only plan to acquire Bitcoin, they also plan to extend their Bitcoin strategy beyond treasury holdings by integrating Bitcoin payments. There is a thing that I don't like about Bitcoin adoption and it's regulations and KYC requirements but I see that now massive Bitcoin adoption is inevitable, so are the regulations, so let's see the positive. MicroStrategy recently acquired more Bitcoins, then another similar company appears and follows their strategy, then the first healthcare company acquires Bitcoins and all of these happen when the price of 1 Bitcoin is 100K. This is just the beginning and a clear message that the game has just started. Lots of companies will buy lots of Bitcoins, now is the time to hold tight.