David Beckham-Backed Health Sciences Company Kills Bitcoin Treasury Plan

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Health Sciences company Prenetics Global Ltd. (NASDAQ:PRE) has said it is abandoning its Bitcoin treasury strategy. The David Beckham-backed company on Dec. 30 said it would no longer acquire Bitcoin and would instead focus on its supplement brand IM8. It cited the rapid growth of IM8, which it said had reached $100 million in annualized recurring revenue in just 11 months. Don't Miss: “The phenomenal su ...