- DigitalX acquires 109.3 Bitcoin at average price of US$118,010
- Entire $19.7 million deployed immediately following $20.7 million capital raise
- Company’s total Bitcoin exposure rises to 367.3 BTC
Special Report: DigitalX has acted swiftly on its Bitcoin-first strategy, converting the bulk of its latest capital raise into BTC just hours after funds cleared.
The company deployed $19.7 million to acquire 109.3 Bitcoin at an average all-in price of US$118,010. This brings DigitalX’s total Bitcoin exposure to 367.3 BTC, comprising 174.4 BTC held directly and exposure to 192.9 BTC via 881,000 units in its ASX-listed Bitcoin ETF, BTXX.
The move follows a $20.7 million strategic placement, backed by global digital asset investors including Animoca Brands, UTXO Management and ParaFi Capital.
“We are committed to creating long-term value built on trust, regulation and transparency,” said Demetrios Christou, interim CEO of DigitalX (ASX:DCC) .
“We believe Bitcoin has a key role to play in the future of finance as the digital gold of the modern economy, and we’re proud to be shaping this future in Australia.”
Immediate execution reflects high conviction
The entire BTC purchase was completed through institutional-grade liquidity providers on the same day the capital cleared.
This rapid deployment was a deliberate decision, reflecting DCC’s conviction in Bitcoin’s role as a long-term store of value.
“DigitalX will continue to prioritise Bitcoin as the cornerstone of its treasury strategy,” said Leigh Travers, chair of DigitalX.
“Our immediate deployment of capital underscores that commitment, and we look forward to increasing the Bitcoin per share for the company in the quarters ahead.”
Strategic backing and platform expansion
The placement was supported by leading digital asset investors who share a long-term belief in Bitcoin and its role in global capital markets.
Alongside growing its treasury, DigitalX is continuing to scale its broader platform. This includes the BTXX ETF, which provides regulated access to spot Bitcoin for Australian investors, and its equity trading platform Sell My Shares.
With Bitcoin adoption rising, regulatory clarity improving and institutions increasing allocations, DigitalX believes it is strongly positioned to capitalise on this momentum.
This article was developed in collaboration with DigitalX, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
