Bitcoin News

Story: ASX-Listed DigitalX Deepens Bitcoin Holdings With $8.8M Treasury Buy

By Evie Vavasseur

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Part of a Larger Bitcoin Treasury Trend. DigitalX’s approach follows a trend kickstarted by American software company MicroStrategy—now…

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“Bitcoin Is the King,” Says Chairman. Leigh Travers, DigitalX’s non-executive chairman and director of Capital Markets at Animoca…

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Global Momentum Behind Bitcoin Adoption. DigitalX’s latest Bitcoin move is part of a broader global shift.

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What’s Next for DigitalX?. With nearly 500 BTC now on its books, DigitalX is expected to continue buying throughout the year…

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DigitalX, Australia’s only ASX-listed crypto asset manager, has expanded its Bitcoin holdings once again—this time acquiring 74.7 BTC for $8.8 million.

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The acquisition, announced Tuesday, was made at an average price of $117,293 per BTC and brings the firm’s total Bitcoin holdings to just under 500 BTC—specifically 499.

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Out of this total, 306.8 BTC are held directly by the company, while the remaining 193 BTC are part of the DigitalX Bitcoin ETF.

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This strategic move is part of a broader plan by DigitalX to make Bitcoin the cornerstone of its corporate treasury. Earlier this month, the firm had acquired 57.

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DigitalX’s approach follows a trend kickstarted by American software company MicroStrategy—now renamed Strategy—under the leadership of Michael Saylor.

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More recently, Japan-based Metaplanet has adopted a similar playbook, earning the nickname "Asia’s MicroStrategy" after allocating significant resources to Bitcoin.

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DigitalX appears to be following a similar model. Earlier this month, the company raised $13.5 million (A$20.

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This round of funding also helped the firm establish a new strategic advisory board featuring notable Web3 figures like Yat Siu of Animoca Brands and blockchain advisor Hervé…

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Leigh Travers, DigitalX’s non-executive chairman and director of Capital Markets at Animoca Brands, reaffirmed the company’s singular focus on Bitcoin.

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Travers also made it clear that DigitalX has no intention of diversifying into other cryptocurrencies. “Bitcoin is the king,” he stated.

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This conservative yet focused stance reflects a growing sentiment among institutional investors who view Bitcoin as a form of “digital gold”—a reliable store of value in…

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