DigitalX Secures AU$20.7 Million Investment to Expand Bitcoin Treasury

Generated by AI AgentCoin World
Tuesday, Jul 8, 2025 7:48 am ET1min read
BTC
--

DigitalX, an Australian

digital asset
manager listed on the Australian Securities Exchange (ASX), has successfully secured AU$20.7 million ($13.5 million) in strategic investment from prominent global crypto players. This investment is aimed at expanding the company's
Bitcoin
treasury, reinforcing its Bitcoin-first strategy. The major participants in this strategic investment include Animoca Brands, UTXO Management, and ParaFi Capital.

The funds raised will be primarily used to expand DigitalX’s existing Bitcoin treasury position. According to the official announcement, approximately AU$19.7 million ($12.8 million) will be allocated to this purpose, with the remaining amount covering the costs of the offer and working capital. Upon completion of this investment, DigitalX’s total assets are expected to exceed AU$95 million ($62.13 million).

In addition to the financial investment, DigitalX has also strengthened its strategic advisory board by welcoming industry experts Yat Siu, co-founder of Animoca Brands, and Hervé Larren, CEO of Airvey.io. These experts will provide strategic advice focused on Bitcoin and securing access to investors, further enhancing DigitalX’s position in the crypto market.

DigitalX’s strategy of accumulating Bitcoin aligns with the successful approaches of early Bitcoin adopters, such as Michael Saylor’s Strategy and Metaplanet. The company has been actively engaging in holding Bitcoin on its balance sheet since 2014, when it listed as a Bitcoin mining firm. Currently, DigitalX holds 65 Bitcoin directly and 881,000 units in its Bitcoin ETF (BTXX), valued at around $43.3 million. Following the placement, DigitalX’s total assets in Bitcoin and cash are projected to exceed $95 million.

Interim CEO Demetrios Christou highlighted the significance of this strategic investment, stating, “This strategic investment marks a significant milestone for DigitalX as we continue to focus on Bitcoin as the core of our treasury strategy. This partnership ensures DigitalX is well-positioned to execute its focused strategy and deliver long-term value for our shareholders.”