Bitcoin continues to be a first in the US. At this point, Nasdaq-listed healthcare firm Prenetics Global has become the latest company to join the institutional Bitcoin accumulation race. Prenetics announced that it purchased $20 million worth of Bitcoin, becoming the first healthcare company to establish a Bitcoin treasury. Accordingly, the company purchased 187.42 BTC through its Kraken custody account at an average price of $106,712 per Bitcoin. Prenetics CEO Danny Yeung said the following regarding the BTC purchase: “With our strengthened balance sheet of $117 million in cash, BTC, and short-term assets, we now have the financial foundation to pioneer innovative treasury management approaches, including our historic bitcoin treasury strategy. But this is just the beginning; we have the capital partnerships and the conviction to build one of the most important Bitcoin treasuries in healthcare.” Tracy Hoyos Lopez, a former prosecutor who served as Head of Strategic Initiatives at Kraken, has also joined Prenetics as an advisor. Tracy Hoyos Lopez is one of those who convinced US President Donald Trump about Bitcoin. At this point, it was reported that those who convinced a person like Trump, who was against Bitcoin in the past, were Bitcoin Magazine CEO David Bailey, Amanda Fabiano, one of the most important names in Bitcoin mining, and Tracy Hoyos-Lopez, a former California prosecutor. *This is not investment advice. Continue Reading: Huge BTC Move Comes From The Company That Consults The Person Who Convinced Donald Trump About Bitcoin!
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