Beckham-backed Prenetics stops Bitcoin buying, eyes up to $200 million IM8 revenue
Prenetics halted daily bitcoin purchases on Dec. 4 and will keep 510 BTC as a reserve, shifting capital to its IM8 health supplement brand. The company forecasts IM8 revenue of $180 million to $200 million for fiscal 2026. Shares rose about 1% to $16.44 in morning trade. Prenetics reported over $70 million in cash and no debt.
