Public Company Digiasia will raise USD $ 100 million to buy Bitcoin
Digiasia, based in Indonesia and quotes its actions in Nasdaq, saw its shares increase 90% after making known the Bitcoin investment plan for its treasury; although later they fell.
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- Digiasia, based in Indonesia, adds to the corporations that Bitcoin buy.
- Plan to reserve “any net gain” to finance the Bitcoin Treasury strategy.
- Digiasia actions in Nasdaq fired more than 90% after the notcia.
The Indonesian company, Digiasiais joining the growing list of corporations that invest in Bitcoin for your treasury.
In a press release, Digiasiabased in Yakarta, shared his plan to raise up to USD $ 100 million to establish a treasury reserve Bitcoin (BTC), replicating the steps that are already following large public firms such as Strategy and Metaplenet.
The Board of Directors of the Indonesia firm approved the creation of the Treasury Bitcoinwith the intention of reserving 50% of “Any net gain”Generated to finance the acquisition of the largest cryptocurrency in the world, according to the statement.
He also indicated that he is “actively exploring a capital increase of up to US $ 100 million“To boost your holdings of Bitcoin and would seek to gain performance in their holdings through means such as loans and participations.
“Digiasia has started conversations with regulated partners about BTC performance strategies and BTC Treasury Reserve Management“The company said, and added that it is evaluating capital market solutions such as offers linked to shares, convertible notes and structured instruments of crypto financing.
“We believe that Bitcoin represents a long -term convincing investment and a fundamental layer for the modern diversification of the treasury“Said Prashant Gokarn, co-zo de Digiasiain the statement.
DIGIASIA ACTIONS Shoot 90%
The actions of Digiasiawhich quotes in the American bag of Nasdaq, more than 90% were shot During commercial operations 36 cents immediately after the announcement before a reverse. The shares fell more than 15% after the closing of the market on Monday to open 4.7% more under Tuesday at USD $ 0.34, according to data from Google Finance.
The decision inserts the Asian company into a growing trend worldwide, where public companies resort to Bitcoin as an alternative asset to strengthen your reservations.
Strategy became a pioneer in this strategy of accumulation of Bitcoin In 2020, when he first bought the cryptocurrency for his treasury. Since then, the formerly called Microstrategy has monopolized a total of 576.230 BTC —Valled at USD $ 60 billion–with its last purchase announced at the beginning of this week.
Metaplenet has replicated the strategy from Japan in the last year, with others such as Rumble, Semler Scientific, Heritage Distilling, Méliuzand TOP WIN, Based in Hong Kong, recently joining the list of corporate headlines of Bitcoin.
Founded on Yakarta, Digiasia It operates as a Fintech supplier, offering services that include payments without cash and digital wallets in emerging markets, according to the statement. The company revealed Last month that generated USD $ 101 million in revenues in 2024, 36% more year after year, and predicts income growth of 24% in 2025, as noted The Block.
Hannah Estefanía Pérez / Diariobitcoin
Edited image of Unspash
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