Healthcare Firm Prenetics Uses Kraken to Kickoff Bitcoin Treasury
Prenetics Global Limited (NASDAQ: PRE) is the latest firm in the healthcare space to copy MicroStrategy's $40 billion bitcoin treasury strategy, having acquired its first $20 million BTC investment, with help from global crypto exchange Kraken.
There is a surge of bitcoin treasury companies that focus on accumulating bitcoin and following strategies similar to Strategy.
Although the Prenetics acquisition is small by comparison to firms spending hundreds of millions of dollars on BTC, the firm said it has board approval to substantially increase its bitcoin holdings and aims to become one of the largest healthcare corporate bitcoin holders globally, in a press statement on Wednesday.
'What excites me most is not just Bitcoin as a treasury asset, but the convergence we're witnessing between healthcare innovation and blockchain technology,' said Danny Yeung, CEO of Prenetics. 'We're at the dawn of a new era where genomics, personalized medicine, and digital assets will intersect in ways that could revolutionize how we approach human health, longevity and wealth.'
Earlier this week, H100 Group (H100), a Swedish health-technology company, announced a 750 million kronor ($79 million) transaction to support its long-term bitcoin BTC treasury strategy.
Prenetics also announced the appointment of Andy Cheung, former COO of OKEx, to its Board of Directors.
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Health Line
14 minutes ago
- Health Line
Understanding the Different Types of Psoriasis
Key takeaways Psoriasis is a chronic, immune-mediated skin condition. It causes skin cells to build up rapidly, leading to itchy and painful, scaly patches. Psoriasis may also affect joints and other organ systems. Symptoms vary depending on skin tone and the type of psoriasis; patches may appear red on light skin, salmon-colored on medium skin, and violet or brown on darker skin. Joint pain and swelling may occur in certain types of psoriasis. While there is no cure, treatments like topical creams, light therapy, and oral medications can help relieve and manage symptoms, with the approach varying based on the type and severity of psoriasis. Psoriasis typically affects the skin, causing skin cells to build up faster than usual. It causes your skin to develop scaly patches that can be itchy and painful. It can also affect other organ systems, especially the joints. Psoriasis tends to appear pink or red on people with light or fair skin tones, with silvery-white scales. On medium skin tones, it can appear salmon-colored with silvery-white scales. On darker skin tones, psoriasis can look violet, brown, or reddish brown, often with light-colored or grayish-colored plaques. There's limited research and information about managing and diagnosing psoriasis in people of color. A 2014 study found the prevalence of psoriasis among all adults ages 20 and older to be 3.2%, with the rates varying by race and ethnicity: White: 3.6% Black/African American: 1.9% Hispanic: 1.6% These numbers may not tell the entire story, as people of color may be disproportionately undertreated and misdiagnosed. This is because psoriasis isn't always recognized on skin of color. What are the symptoms of psoriasis? The most common symptoms of psoriasis include: skin patches and scales that vary in color based on skin tone: red skin patches on light skin tones salmon-colored and silvery-white on medium skin tones violet, dark brown, or gray on darker skin tones scaly skin itchy skin joint swelling, stiffness, or pain, which are associated with psoriatic arthritis The symptoms of psoriasis also vary based on the type of psoriasis you have. There are eight types of psoriasis: plaque guttate inverse pustular erythrodermic psoriatic arthritis nail scalp Psoriasis isn't contagious, regardless of type. Psoriasis can also lead to mental stress, anxiety, and low self-esteem. Depression is also common in people who have psoriasis. Other diseases have also been linked with psoriasis, such as: Crohn's disease celiac disease metabolic syndrome cardiovascular disease There are also subcategories of psoriasis types. These appear differently depending on the location of the body. Psoriasis patches on darker skin tones may also be more widespread, which can make it difficult to diagnose. Plaque psoriasis Plaque psoriasis, or psoriasis vulgaris, is the most common form of psoriasis. An estimated 80–90% of people diagnosed with psoriasis have plaque psoriasis. This type is characterized by thick red or purplish patches of skin, often with silvery-white or gray scales. These patches often appear on your elbows, knees, lower back, or scalp. Patches are usually 1 to 10 centimeters wide but can also be larger and cover more of your body. If you scratch at the scales, the symptoms will often get worse. Treatments As a way to ease discomfort, a doctor may recommend applying moisturizers to keep the skin from becoming too dry or irritated. These moisturizers include over-the-counter (OTC) cortisone creams or an ointment-based moisturizer. A doctor may also work to identify your unique psoriasis triggers, including stress or lack of sleep. Other treatments may include: vitamin D creams, such as calcipotriene (Dovonex) and calcitriol (Rocaltrol), to reduce the rate at which skin cells grow, in combination with topical steroids to reduce inflammation and itching topical retinoids, like tazarotene (Tazorac, Avage), to help reduce inflammation immunosuppressives, such as methotrexate or cyclosporine applications of coal tar, either by cream, oil, or shampoo biologics, a category of anti-inflammatory drugs Medications may differ for guttate or erythrodermic psoriasis. In some cases, you may need light therapy. This involves exposing the skin to both UVA and UVB rays. Sometimes, treatments combine prescription oral medications, light therapies, and prescription ointments to reduce inflammation. With moderate to severe cases, you may be prescribed systemic medication in the form of oral, injectable, or intravenous (IV) medication. Guttate psoriasis Guttate psoriasis appears in small red spots on lighter skin tones. In darker skin tones, these spots may appear violet or brown. Guttate is the second most common psoriasis type, affecting around 8% of people with psoriasis. Most of the time, it starts during childhood or young adulthood. The spots are small, separate, and drop-shaped. They often appear on the torso and limbs, but they can also appear on your face and scalp. Spots are usually not as thick as plaque psoriasis, but they can develop into plaque psoriasis over time. Guttate psoriasis usually begins after certain triggers. Triggers may include: strep throat stress skin injury infection medication Treatments To treat guttate psoriasis, a doctor may prescribe steroid creams, light therapy, and oral medications. Determining the underlying cause of the infection can also help clear guttate psoriasis. If a bacterial infection is the cause, antibiotics may help. Flexural or inverse psoriasis Flexural or inverse psoriasis often appears in skinfolds, such as under the breasts, in the armpits, or around the groin. This type of psoriasis appears red or purple and is often shiny and smooth. The sweat and moisture from skinfolds keep this form of psoriasis from shedding skin scales. Sometimes, it's misdiagnosed as a fungal or bacterial infection. The skin-on-skin contact can make inverse psoriasis very uncomfortable. Most people with inverse psoriasis also have a different form of psoriasis in other places on their body. Treatments The treatments for inverse psoriasis are similar to plaque psoriasis treatments. They can include: topical steroid creams nonsteroidal drugs such as phosphodiesterase (PDE)-4 inhibitor light therapy oral medications biologics, which are available via injection or IV infusion A doctor may prescribe a lower-potency steroid cream to prevent your skin from thinning too much. You may also benefit from taking or applying medications that reduce yeast or bacteria growth. Pustular psoriasis Pustular psoriasis may be severe at times. This form of psoriasis may develop quickly in the form of many white pustules surrounded by red or darkened skin. Pustular psoriasis may affect isolated areas of your body, like your hands and feet, or cover most of the skin's surface. These pustules can also join together and form scaling. However, if it affects all areas of the body — such as the Von Zumbusch subtype — it can be life threatening because it has severe systemic effects. Some people experience cyclic periods of pustules and remission. While the pus is not infectious, this condition can cause flu-like symptoms such as: fever chills rapid pulse muscle weakness loss of appetite There are three kinds of pustular psoriasis: von Zumbusch palmoplantar pustulosis acropustulosis Each of the three forms of pustular psoriasis may have different symptoms and severity. Treatments Treatment may include OTC or prescription corticosteroid creams, oral medications, or light therapy. Biologics may also be recommended. Identifying and treating the underlying cause may also help reduce reoccurrence of pustular psoriasis. Erythrodermic psoriasis Erythrodermic psoriasis, or exfoliative psoriasis, is a rare type of psoriasis that looks bright red on lighter skin tones or dark purplish in people with darker skin tones. It also involves shedding of the skin. This condition is a medical emergency. You may need to be hospitalized, as your body may not be able to manage your body temperature. This form of psoriasis is widespread, with red or purple skin and silvery scales. It may cover large portions of your body. Exfoliation often occurs in larger pieces than the small scales typical to most psoriasis. Erythrodermic psoriasis can develop from: pustular psoriasis widespread, poorly controlled plaque psoriasis a bad sunburn infection alcohol use disorder significant stress abrupt discontinuation of a systemic psoriasis medication using oral steroids, cyclosporin, or methotrexate Treatments Almost all cases of erythrodermic psoriasis will need to be treated at a hospital. There, you'll receive a combination of therapies, which may include: an application of medicated wet dressings topical steroid applications biologics prescription oral medications Psoriatic arthritis Psoriatic arthritis (PsA) is a painful and physically limiting condition that affects between 30% and 33% of people with psoriasis. There are five subtypes of PsA with varying symptoms. There's currently no cure for this condition. Psoriasis is an autoimmune disease, so it can trigger your body to attack your joints and skin. It can affect many joints and often becomes quite severe in the hands, affecting the nails. Skin symptoms usually appear before joint symptoms. Treatments Treatments for psoriatic arthritis may include nonsteroidal anti-inflammatory drugs (NSAIDs), such as ibuprofen (Advil) and naproxen sodium (Aleve). NSAIDs can help reduce the incidences of swelling and pain associated with psoriatic arthritis. Prescription medications, such as an oral corticosteroid, may also help reduce inflammation that leads to psoriatic arthritis. Prescription topical medications used to treat PsA include: salicylic acid calcipotriene tazarotene A unique category of medications known as disease-modifying antirheumatic drugs (DMARDs) can help reduce inflammation and joint damage. Biologics, which are a subcategory of DMARDs, may be prescribed to reduce inflammation at a cellular level. Nail psoriasis Although not an official 'type' of psoriasis, nail psoriasis is a common manifestation of psoriasis. It can often be confused with fungal infections and other infections of the nail. 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Visit the National Psoriasis Foundation for the latest information on research, events, and programs. Takeaway There are different types of psoriasis that present with different symptoms. While there's currently no cure for psoriasis, treatments can help relieve and manage your symptoms. The type of psoriasis you have and its severity will determine your treatment. Generally speaking, milder cases with smaller psoriasis patches can often be treated topically. More serious cases, with larger patches, may require systemic treatment. Many people believe that psoriasis is contagious, but it will not spread from person to person. A combination of genetics, the environment, and immune system factors are believed to cause psoriasis. Thanks to the advocacy work of dozens of psoriasis activists and organizations, psoriasis is gaining more support and awareness. Talk with a doctor if you believe you have psoriasis. They can provide treatment options and coping methods.
Yahoo
15 minutes ago
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Penguin Solutions Announces Third Quarter Fiscal 2025 Financial Conference Call
MILPITAS, Calif., June 18, 2025--(BUSINESS WIRE)--Penguin Solutions, Inc. ("Penguin Solutions") (Nasdaq: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its third quarter fiscal year 2025 earnings after market close on Tuesday, July 8, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast: PENG Q3 FY25 Earnings Call Webcast. Conference Call Information: Participants may also listen to the conference call by dialing:+1-833-470-1428 (domestic) or +1-404-975-4839 (international), using the access code 305335. Replay Information: An archived version of the webcast will be available on the Penguin Solutions investor relations website for one year after the webcast date at In addition, an audio replay of the call will be accessible for one week after the conference call by dialing +1-866-813-9403 (domestic) or +44 204 525 0658 (international), using the access code 979651. About Penguin Solutions The most exciting technological advancements are also the most challenging for companies to adopt. At Penguin Solutions, we support our customers in achieving their ambitions across our Advanced Computing, Integrated Memory, and Optimized LED business segments. With our expert skills, experience, and partnerships, we turn our customers' most complex challenges into compelling opportunities. For more information, visit View source version on Contacts Investor Contact Suzanne SchmidtInvestor Relations(510) 360-8596ir@ PR Contact Maureen O'LearyPenguin Solutions Corporate Communications(602) 330-6846pr@
Yahoo
39 minutes ago
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New code in Spotify's app references the long-awaited ‘lossless' tier
It's been over four years since Spotify first announced its plans to launch a lossless audio tier that has yet to arrive. After numerous leaks and teases from company execs, we know better than to start hoping that the long-delayed service could be finally nearing arrival. But newly added references in the music app's code suggest the lossless service is at least still under development and could even be getting closer to launch. According to technologist and reverse engineer Chris Messina, a number of references to 'lossless' have popped up in Wednesday's build of the Spotify desktop app. These code snippets mainly refer to help cards that would appear to inform the end user about what the lossless tier offers and how to use or troubleshoot the service. For instance, one card says, 'Lossless music, now in premium,' while another describes it as the 'best sound quality on Spotify for music in up to 24-bit/44.1 kHz.' Some of the cards warn users that particular songs aren't available in lossless or when their device has bad connectivity, which could affect playback. Another notes that lossless music is 'best enjoyed on devices compatible with Spotify Connect and/or wired devices.' In addition, Reddit user u/bendotlc noted that other changes were seen in the latest version of the mobile app, where the code now mentions lossless: 'Say hello to the best sound quality on Spotify. Listen to high-fidelity music in up to 24-bit/44.1 kHz.' The Redditor claims the feature is actually present in the app, but is currently disabled. Of course, code references don't mean the lossless feature is coming anytime soon. As we've seen in previous years, leaks and code references have appeared before, and yet the high-quality audio tier never arrived. When asked directly about lossless and other plans for premium tiers on recent earnings calls with investors, Spotify execs, including CEO Daniel Ek, would only hint that the company was investing in premium products for 'super fans.' They wouldn't give a time frame on when these or any other higher-quality streaming options would finally launch. Most recently, Spotify Chief Business Officer Alex Norstrom told investors on the Q1 2025 call that Spotify was still investing in more premium tiers. 'Now, with regards to higher tiers, we see great potential in them as we've mentioned before,' he said. 'So creating higher tiers around new offerings is something we are working towards as it really opens up new opportunities to delight users,' Norstrom said at the time. When Spotify first announced its plans for Spotify HiFi, as it was then called, in 2021, it said that the service would offer users music in 'CD-quality, lossless audio format.' It had run tests of a lossless option in the years before this, however. Eventually, Spotify pointed to licensing issues as the reason for its delay in launching. In what could be promising news on that front, the streamer signed new deals with labels including Warner Music and Universal Music Group in early 2025, which could pave the way for the lossless tier — or so music fans hope. Bloomberg also reported earlier this year that a premium Music Pro tier would launch later in 2025, which would include high-quality streaming, remixing, and other features. Spotify declined to comment on this report.
