Prenetics Raises $48 Million for IM8 Expansion and Bitcoin Holdings

Health technology company Prenetics Global, listed on the Nasdaq Stock Market, has secured a $48 million capital injection to bolster its Bitcoin reserves and fuel global growth for its vitamin supplement brand, IM8. This funding round attracted notable investors such as Kraken, Exodus, Jihan Wu’s GPTX fund, DL Holdings, and American Ventures, while tennis star Aryna Sabalenka and Hong Kong entrepreneur Adrian Cheng also increased their stakes in the investment. The influx of capital signifies a strong interest in Prenetics’ growth strategy.