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DigitalX Limited (ASX:DCC)
ALERT: Price-sensitive ASX Announcement for DCC
Current share price for DCC : $0.029 0.002 (7.41%)+
Announcement
Release
28 Jul 2026 9:59AM
Price at Release
$0.027
Full Release
Summary
DigitalX Limited reported its first cash flow positive quarter for the period ending June 2026. The company's cash and cash equivalents increased to $23.5 million, supported by strategic management of its Bitcoin treasury and strong performance from its subsidiary 'Sell My Shares.' The quarterly report highlights continued business growth and disciplined cost management. DigitalX also announced an on-market share buy-back program and discussed strategic investment opportunities. Furthermore, the company maintained a significant Bitcoin holding and pursued market-neutral Bitcoin treasury strategies to enhance returns.
Key Points
- DigitalX achieved its first cash flow positive quarter.
- Cash and cash equivalents increased to $23.5 million.
- Strong revenue growth from Sell My Shares.
- Announced an on-market share buy-back program.
- Continued strategic exposure to Bitcoin.
- Pursuing market-neutral Bitcoin yield strategies.
- Focusing on sustainable revenue growth and capital management.
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.
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