Prenetics Halts Bitcoin Buys, Prioritizes Beckham-Backed Consumer Brand
Prenetics is shifting its strategic focus from accumulating Bitcoin to scaling its consumer health brand, which is backed by David Beckham, according to reports. The company has decided to halt further Bitcoin purchases but will maintain its existing BTC holdings. This move represents a change in capital allocation, prioritizing growth in the consumer health sector over expanding its cryptocurrency investments. The decision reflects a strategic pivot towards leveraging brand partnerships and consumer-focused initiatives.
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