DigiAsia to Raise $100M for Bitcoin Buys

DigiAsia to Raise $100M for Bitcoin Buys

DigiAsia Corp. has said it will raise $100 million to form a Bitcoin treasury. This is a significant change in the company’s way of raising money.

The company, traded on Nasdaq under the ticker FAAS, said its board approved a plan to allocate half of its future net profits toward Bitcoin. The shift is seen as a sign that DigiAsia sees diversifying its assets as essential, given expanded interest from companies in digital assets.

Key-Takeaways:

  • DigiAsia plans to raise $100 million and plans to reinvest nearly half of its future gains into Bitcoin, signaling a big step toward holding different digital assets.
  • As a result of the announcement, the corporation’s shares climbed 91% higher, drawing in new investors, and its strong financials and crypto plans have made it a leader in Asia’s growing adoption of Bitcoin.

DigiAsia’s Results After the Signal Was Given

DigiAsia to Raise $100M for Bitcoin Buys

Trading on Monday saw DigiAsia shares jump by 91% after the company’s Bitcoin news. The stock ended the day at $0.36 due to a new wave of interest from investors.

During the same period, it sank by 22% in evening trading to nearly $0.28. The decline slowed down some of the early progress.

The rally has not restored DigiAsia’s stock to 53% below the peak price it saw in March at $12. People have taken notice of Bitcoin again, yet it’s not certain how long the recent momentum will continue.

According to Prashant Gokarn, Co-CEO, adding bitcoin to their treasury diversification is based on its long-term potential and as an essential layer for modern financial planning.

There is growing acceptance among businesses that Bitcoin deserves to be treated as a valid investment. An increasing number of companies view mergers and acquisitions as helpful for spreading and building future value.

Financial Overview and Projections of Digital Asia

DigiAsia to Raise $100M for Bitcoin Buys

The corp announced as strong financial results for April, showing a 36% rise in future year (2024) revenue over last year to $101 million. In 2025, the company is set to bring in $125 million and EBIT is estimated at $12 million.

These firm fundamentals allow DigiAsia to push ahead with its Bitcoin plan. The company wants to manage both its crypto investments and its ongoing growth as an enterprise.

DigiAsia is seeking out financing options to raise the funds required for the $100 million acquisition and the Bitcoin treasury idea is one of them. As well as splitting the future earnings, the company is looking into convertible notes and instruments linked to crypto for the financial side.

This strategy shows that the corp is committed to growing a strong Bitcoin reserve. At the same time, it hopes to maintain its financial stability and day-to-day performance.

DigiAsia wants to earn additional income by utilizing methods that can generate rewards with Bitcoin. The company is currently negotiating with regulated partners about developing and offering institutional lending and staking programs.

Being proactive helped DigiAsia to distinguish itself from other companies holding Bitcoin. Raabkrantz Group tries to manage its reserves as a source of extra revenue.

As a result, the Digital Asia Company’s annual earnings may improve while its exposure to the strong side of Bitcoin remains. The company tries to lessen the risks involved in crypto yield strategies by entering into deals with licensed partners.

The way DigiAsia operates reflects its desire to grow its digital assets safely. The statement also points out the company’s efforts in both new technologies and managing risks.

DigiAsia Is Following The Trend Of Corporate Bitcoin Adoption

DigiAsia to Raise $100M for Bitcoin Buys

DigiAsia is now one of many publicly traded companies including Bitcoin in their cash holdings. MicroStrategy leads the way with a bitcoin holding of over 576,000 BTC, valued at nearly $60.9 billion.

 

Other companies like Strive Asset Management and GameStop have made public plans or managed to get funding for buying Bitcoin. There is clear evidence that institutions are becoming more confident about using Bitcoin as a key investment.

The Bitbo reports say that corporate treasuries have accumulated over three million Bitcoin, which means they are now holding more than $340 billion in Bitcoin assets. This increase suggests that institutions are increasingly choosing digital assets.

Adam Back, head of Blockstream (an industry leader), believes Bitcoin adoption and its future value might increase as a result of more focus on nuclear-proof cryptocurrencies. As Bitcoin trades for $105,642 and the market cap is close to $2 trillion, many people expect big future increases as large companies get involved.

DigiAsia’s announcement is taking place when Bitcoin is hitting recent highs above $105,000. The market for cryptocurrencies is looking healthier again in 2025, and Ethereum’s recent gains reached 8%. This market keeps DigiAsia’s investment in Bitcoin well positioned.

Conclusion

DigiAsia to Raise $100M for Bitcoin Buys

DigiAsia points out that traditional finance is coming closer to cryptocurrency. The purchase of Bitcoin and introduction of a yield strategy by Meta show that crypto is now embraced by large businesses in their treasury processing. Through pioneering crypto initiatives, DigiAsia is bringing crypto use to Indonesia and Southeast Asia.

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