David Beckham-backed stock slips after latest announcement

Prenetics Global Limited (Nasdaq: PRE), a health sciences company with a Bitcoin (BTC) treasury, announced on Dec. 30 that it has ceased its daily Bitcoin purchasing activity as of Dec. 4. The company also announced that it will no longer acquire Bitcoin in the future following the approval by its Board of Directors. Prenetics is the parent of the IM8 premium consumer health brand co-founded by the English former football star David Beckham and championed by World No. 1 and four-time Grand Slam winner A ...