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DigitalX secures AUD 20.7 million in strategic funding to expand its Bitcoin treasury.
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The majority of the funds (AUD 19.7 million) will be directed to the direct purchase of Bitcoin.
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High-profile investors include Animoca Brands, ParaFi Capital and the CEO of Metaplanet.
Australian digital asset manager DigitalX has raised AUD 20.7 million (approximately USD 13.5 million) in a new strategic funding round, reinforcing its commitment to a “Bitcoin-first” approach.
The ASX-listed company plans to use the proceeds to grow its Bitcoin treasury, backed by notable crypto investors such as Animoca Brands, UTXO Management and ParaFi Capital.
DigitalX says it intends to allocate roughly AUD 19.7 million (about USD 12.8 million) from the raise to increase its Bitcoin holdings, with the remainder covering offer expenses and general corporate purposes.
In addition to the capital raise, DigitalX has strengthened its strategic advisory committee with the appointments of Yat Siu, co‑founder of Animoca Brands, and Hervé Larren, CEO of Airvey.io.
Both bring deep experience in cryptocurrencies and digital assets, and their involvement is expected to provide valuable guidance on Bitcoin strategy and investor relations.
The move further cements DigitalX’s position as a key participant in advancing institutional cryptocurrency adoption in Australia.
Bitcoin‑First Treasury Strategy
DigitalX’s latest action aligns with the playbook used by global Bitcoin champions such as MicroStrategy and Japan’s Metaplanet, both known for aggressive Bitcoin accumulation.
Since debuting on the ASX in 2014 as a Bitcoin miner, DigitalX has kept Bitcoin as the principal asset on its balance sheet.
Currently, the company directly holds 65 BTC and an additional 881,000 units of its own Bitcoin ETF (BTXX), equivalent to approximately 193 BTC.
Together, these holdings amount to a Bitcoin position valued at roughly AUD 43.3 million.
The placement, priced at AUD 0.074 (USD 0.048) per share and accompanied by attached warrants, attracted strong interest from both institutional and strategic investors.
Notably, Simon Gerovich, CEO of Tokyo‑listed Metaplanet, participated personally in the round.
Support from prominent global crypto operators underscores growing institutional confidence in Bitcoin as a long‑term store of value and signals a broader shift toward regulated, transparent ways to gain exposure to digital assets.
Boosting Credibility and Market Access
Interim CEO Demetrios Christou called the investment a “significant milestone,” saying that both the capital and backing from respected global Bitcoin supporters will help DigitalX remain focused on its strategy and create long‑term shareholder value.
Yat Siu described Bitcoin as “the reserve asset of Web3’s digital gold,” and pointed to DigitalX as one of the best ways for Australian investors to gain exposure to it.
With this latest funding round, DigitalX is not only increasing its Bitcoin holdings but also strengthening its role as a regulated, ASX‑listed bridge for both institutional and retail investors seeking access to the Bitcoin space.