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Prenetics Group ( (PRE) ) has provided an announcement.
On June 18, 2025, Prenetics Global Limited announced its groundbreaking Bitcoin treasury strategy, marking it as the first healthcare company to adopt such an approach. The company purchased $20 million worth of Bitcoin and appointed Andy Cheung, former COO of OKEx, to its Board of Directors to provide strategic oversight. Prenetics aims to leverage its strengthened financial position to become a leader in the intersection of healthcare and digital assets, with plans to accept cryptocurrency payments across its platforms and implement sophisticated alpha-generating strategies. This initiative is supported by Prenetics’ strong business growth and enhanced financial position, positioning the company to benefit from accelerating institutional adoption of digital assets.
The most recent analyst rating on (PRE) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Prenetics Group stock, see the PRE Stock Forecast page.
Spark’s Take on PRE Stock
According to Spark, TipRanks’ AI Analyst, PRE is a Neutral.
Prenetics Group’s overall score is driven primarily by its financial performance, which highlights significant profitability and cash flow challenges. The technical analysis provides some positive signals, but valuation concerns due to negative earnings weigh heavily on the stock’s attractiveness. The lack of earnings call data and notable corporate events means these factors do not influence the score.
To see Spark’s full report on PRE stock, click here.
More about Prenetics Group
Prenetics Global Limited (NASDAQ: PRE) is a leading health sciences company focused on advancing consumer health through its brands IM8, Europa, and CircleDNA. IM8 is a fast-growing health and wellness brand, Europa is one of the largest sports nutrition distribution companies in the USA, and CircleDNA is a leading direct-to-consumer DNA testing service. The company is pioneering the intersection of healthcare innovation and digital asset adoption, being the first healthcare company to establish a Bitcoin treasury.
Average Trading Volume: 25,869
Technical Sentiment Signal: Buy
Current Market Cap: $91.37M
For an in-depth examination of PRE stock, go to TipRanks’ Overview page.