ASX-Listed DigitalX Leans Into Bitcoin Treasury Strategy With Latest $8.8M Buy

Key Points

1. DigitalX purchased 74.7 BTC at an average price of $117,293 per Bitcoin, totaling $8.8 million.

2. The company now holds 499.8 BTC, including 306.8 BTC directly and 193 BTC via its stake in the DigitalX Bitcoin ETF.

3. This acquisition follows a previous purchase of 57.5 BTC earlier in the month, continuing its strategy of accumulating Bitcoin as a strategic asset.

4. DigitalX has raised $13.5 million, with $12.8 million allocated for Bitcoin purchases and the rest for operations and working capital.

5. The company plans further Bitcoin purchases this year, aiming to build a long-term growth pathway with Bitcoin as a core asset.