David Beckham-Backed Firm Stops Buying Bitcoin to Grow Nutrition Brand

My company Prenetics Global is a health-science firm, backed by David Beckham, the football legend. We recently made the decision to stop buying more Bitcoin, to focus on our growing nutrition supplement brand, IM8.

Current Holdings and Financial Impact on Your Wallet

I’m proud to say that Prenetics has accumulated 510 Bitcoin, worth around 45 million dollars, along with other cash and investments. The decision to stop buying Bitcoin was crucial, as we aim to create long-term growth through IM8, which has generated a whopping 100 million dollars in 11 months. Our predictions show that IM8 will reach 160 to 200 million dollars in revenue by 2026, and that’s something you could be a part of, if you act now.

How Prenetics Got into Bitcoin in the First Place

So, why did we start buying Bitcoin in the first place? Our goal was to reach one billion dollars in five years, and we began buying one Bitcoin per day, starting from August 1. We even raised 48 million dollars in October to further invest in Bitcoin, but in the long run, it was worth giving up, as you’ll read about in my next few sentences.

Why Companies like Prenetics are Moving Away from Bitcoin

I think it’s quite logical, really, why companies are shifting focus from Bitcoin. The recent bear market has put a big dent in the value of cryptocurrencies, if you see what I mean. When we announced our move, our shares plummeted by 3.5%, but we’ve had an impressive 189% growth this year, and that shows our adaptability. On the other hand, Bitcoin has dropped by 5.6%, and other companies, like MicroStrategy, have suffered a crushing 48% loss.

Our Strategic Pivot: Ditching Bitcoin for Nutrition Products

The decision to stop buying Bitcoin was a brave one, but I firmly believe it’s for the best. We’re focusing our efforts on IM8, our successful nutrition brand, and I believe it’s going to bring us success in the long run, and who knows, maybe even make you rich.