The initial purchase of more than 187 BTC was part of a larger strategy to “substantially increase its Bitcoin holdings,” according to Prenetics.
The individual who helped “orange-pill” US President Donald Trump has become part of the advisory team for a healthcare company establishing a Bitcoin reserve strategy.
In a Wednesday notice, Hong Kong and US-headquartered health services company Prenetics said it would follow the example set by Strategy and invest $20 million into Bitcoin (BTC). According to the company, it secured roughly 187 BTC at an average price of $106,712 per Bitcoin using a Kraken custody account.
“Prenetics plans to substantially increase its Bitcoin holdings and aims to become one of the largest healthcare corporate Bitcoin holders globally,” the announcement said.
