DigiAsia Soars 68.69% on $100M Bitcoin Treasury Initiative

Generated by AI AgentAinvest Pre-Market Radar
Tuesday, May 27, 2025 8:26 am ET1min read
BTC--
FAAS--

On May 27, 2025, DigiAsiaFAAS-- surged by 68.69% in pre-market trading, marking a significant milestone for the company.

DigiAsia has announced a groundbreaking $100 million Bitcoin Treasury Initiative, aiming to bolster its financial strategy by investing in the leading cryptocurrency. The company plans to initiate Bitcoin purchases in the third quarter of 2025, with regular updates on the progress of capital raising and Bitcoin acquisition milestones to follow.

This strategic move by DigiAsia reflects a broader trend in the financial sector, where major institutions are increasingly recognizing the potential of cryptocurrencies. The initiative is expected to enhance DigiAsia's financial resilience and position it as a forward-thinking player in the rapidly evolving digital asset landscape.

Get the scoop on pre-market movers and shakers in the US stock market.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet