InvestSMART

DigitalX Limited (ASX:DCC)

ALERT: Price-sensitive ASX Announcement for DCC
Current share price for DCC : $0.028 -0.029 (-50.88%)+
Announcement
Release
31 Oct 2025 9:52AM
Price at Release
$0.057
Full Release
download
Summary
DigitalX Limited reported significant progress in its strategic Bitcoin-first treasury operations for the quarter ending September 2025. The company raised A$20.7 million through a strategic placement to reinforce its Bitcoin holdings, which increased by 94.6% to approximately 502 BTC. This is part of the '21 Hundred' strategy to reach 2,100 BTC by 2027. The DigitalX Bitcoin ETF saw substantial growth, and the establishment of a new Strategic Advisory Board is set to guide the company's digital asset market strategies. With a robust asset position of A$102 million, DigitalX is well-positioned to continue expanding its Bitcoin-focused initiatives.
Key Points
  • DigitalX Limited completed a A$20.7 million strategic placement in July 2025 to support its Bitcoin-first treasury strategy.
  • The company increased its Bitcoin holdings by 94.6% to approximately 502 BTC, valued at around A$86 million at the end of September 2025.
  • DigitalX launched the '21 Hundred' strategy, targeting 2,100 BTC by 2027, expanding Bitcoin-related trading activities and financial products.
  • The DigitalX Bitcoin ETF reached $60.4 million in net assets with a 98.96% return since inception.
  • A Strategic Advisory Board was formed with notable members including Yat Siu and Hervé Larren.
  • Will Hamilton was appointed as General Manager to lead business development and capital markets growth.
  • The company had a strong balance sheet with approximately $102 million in total assets, including $8.6 million in cash by September 2025.
  • DigitalX secured commitments to raise $20.7 million through a strategic placement to expand Bitcoin holdings.
  • The company announced plans to explore various capital management and investment avenues to fund its 2,100 BTC strategy.
  • DigitalX implements institutional-grade custody and insurance for its digital asset operations.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.