NewGenIVF Group Limited (NASDAQ: NIVF) exercised its option to acquire an additional 4% equity stake in AI prediction market platform K25.ai for $4 million, bringing its total holding to 6%. The investment, split between cash and newly issued NewGen shares, follows an initial $2 million investment announced in May.

NewGen said its 6% stake in K25.ai is valued at approximately $6 million, which exceeds the company's market capitalization as of June 3. The company retains an option to acquire another 4% stake, which would increase its total holding to 10%.

The company announced adoption of a Digital Asset Treasury strategy focused on acquiring Bitcoin and Solana as reserve assets. The strategy includes long-term asset accumulation funded through operating cash flow and potential capital market activities, along with institutional-grade custody and risk controls.

NewGen plans to invite K25.ai founder and CEO Andy Cheung and two other co-founders to join its board of directors. Cheung has experience in digital asset treasury strategy and public company operations.

"NewGen exercising their top-up within weeks of the initial investment speaks to the momentum we're building," Cheung said in the announcement. "Prediction markets are the next generation of information infrastructure."

K25.ai operates an AI-powered prediction market platform focused on Asia-Pacific markets. The company uses artificial intelligence to generate real-time markets during live events. K25.ai is not available to U.S. users or those in mainland China, Hong Kong, Macau or other restricted jurisdictions.

NewGenIVF operates through three divisions: NewGenProperty for real estate development in the UAE, NewGenDigital for digital asset solutions, and NewGenSup for health and longevity products. The company's legacy business involves IVF and reproductive treatment services across Asia.