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Talk about an about-face. What Prenetics Global once a called a long-term, “unprecedented commitment” to bitcoin has gone by the wayside in just six months.
The Hong Kong-based health-sciences company
PRE on Tuesday announced what it called an update to its capital-allocation strategy, saying it had stopped buying bitcoin BTCUSD earlier this month and will no longer look to buy the cryptocurrency going forward.
This post was originally published on Market Watch


