Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Citing sources close to the deal, CNBC reports that a Hong Kong biotech Prenetics is set to merge with Artisan Acquisition Corp (NASDAQ:ARTA), a special purpose acquisition company (SPAC), in a deal that will value the new entity at more than $1.3 billion.
- In the deal, Prenetics will get the $339 million raised in the SPAC and another $60 million in PIPE financing with investment firm Aspex and PAG.
- The merger is expected to be completed by the end of 2021, CNBC reported.
- Prenetics is a diagnostic and genetic testing company with significant operations in Hong Kong and the U.K.
- It was founded by serial entrepreneur Danny Yeung and will become the first billion-dollar start-up in Hong Kong to go public.
- The Company expects to clock over 200 million in 2021. Annual revenue is expected to reach $600 million by 2025, said the source.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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