Buying bitcoin is no longer a thing for this David Beckham-backed health company

https://images.mktw.net/im-24371196

Last Updated:
First Published:

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

Share:

Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…

Latest News

Daily News on Investing, Personal Finance, Markets, and more!

Financial News

Financial News

Daily News on Investing, Personal Finance, Markets, and more!