Nasdaq-listed company Prenetics plans to adopt cryptocurrency strategic reserves
02-11 16:15
<p>Odaily News Humanity Protocol announced that Nasdaq-listed company Prenetics Global Limited is collaborating with it to leverage Prenetics’ genetic testing capabilities to support decentralized identity verification, and announced the establishment of a strategic cryptocurrency reserve to promote innovation at the intersection of blockchain, healthcare, and decentralized science (DeSci).<br/> As part of this dual initiative, Prenetics has committed to an initial investment of $1 million in H tokens, $250,000 in Bitcoin, and $250,000 in SOL. These allocations will be reviewed quarterly to evaluate further investment opportunities, highlighting the company&#39;s strategic intent to bring digital assets onto the company&#39;s balance sheet. As of December 31, 2024, Prenetics had a cash and short-term asset balance of $84.87 million.<br/></p>
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