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blockonomi.com IM8’s $48M Power Move: Prenetics Taps Crypto Giants for Bitcoin and Growth

TLDR: Prenetics closed a $48M oversubscribed funding round led by Dominari Securities to scale IM8’s global growth. Investors include Kraken, Exodus, GPTX by Jihan Wu, and DL Holdings, aligning IM8 with Bitcoin strategy. IM8 reached $100M annual recurring revenue in under a year, projecting $200M by 2026. Prenetics plans to reach $1B revenue and $1B [...] The post IM8’s $48M Power Move: Prenetics Taps Crypto Giants for Bitcoin and Growth appeared first on Blockonomi.

blockonomi.com American Bitcoin Boosts Treasury With 1,414 BTC Buy Worth $97M

TLDR: American Bitcoin adds 1,414 BTC, expanding its total holdings to 3,865 BTC worth roughly $267M. The purchase was funded through operating cash flow, showing strong balance sheet discipline. The firm aligns mining output with a Bitcoin-based treasury strategy for long-term resilience. Institutional adoption momentum continues as more U.S. firms build direct Bitcoin reserves. American [...] The post American Bitcoin Boosts Treasury With 1,414 BTC Buy Worth $97M appeared first on Blockonomi.

news.bitcoin.com Bitcoin Whipsaws as Stocks Hit Record Highs

The digital asset briefly reclaimed $116K early Tuesday morning, after falling as low as $113K overnight. BTC Briefly Rebounds as Equities Hit New Peaks Stock markets were awash in green as several companies blew past analysts’ expectations on Tuesday. The S&P 500 notched another fresh intraday high after companies such as Paypal and UPS posted […]