DigitalX Increases Bitcoin Holdings Near 500 BTC, Suggesting Continued Accumulation Strategy
Main Idea
DigitalX has increased its Bitcoin holdings to nearly 500 BTC, aligning with corporate trends of adopting Bitcoin as a strategic asset, and its treasury value now exceeds $100 million.
Key Points
1. DigitalX purchased 74.7 BTC, increasing its total holdings to 499.8 BTC, valued at approximately $91.3 million.
2. The company's Bitcoin accumulation strategy mirrors that of major corporate holders like MicroStrategy and Metaplanet.
3. DigitalX raised $13.5 million, with $12.8 million allocated specifically for Bitcoin purchases.
4. DigitalX's treasury strategy focuses solely on Bitcoin, citing its unique status as a reliable store of value.
5. The trend of corporate Bitcoin accumulation extends beyond crypto-native firms, with companies like DDC Enterprise and Solar Bank also adopting Bitcoin treasuries.
Description
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