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DigitalX Secures $13.5M War Chest to Double Down on Bitcoin Bet

DigitalX Secures $13.5M War Chest to Double Down on Bitcoin Bet

Published:
2025-07-08 23:00:12
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DigitalX Raises $13.5M to Expand Bitcoin Holdings

Bitcoin bulls just got fresh ammunition.

DigitalX—the ASX-listed crypto asset manager—just pocketed $13.5 million in fresh capital. Their play? Go all-in on Bitcoin at a time when Wall Street still can't decide if it's 'digital gold' or a speculative bubble.

Why This Matters

While traditional hedge funds debate inflation hedges, crypto natives are putting money where their nodes are. This raise signals institutional conviction in Bitcoin's long-term store-of-value thesis—even as regulators keep playing whack-a-mole with the industry.

The Punchline

Funny how $13.5 million barely covers a banker's bonus pool these days—but in crypto? That's enough to move the needle. Watch where the 'smart money' goes when no one's looking.

$13.5 Million Raise to Fuel Bitcoin Accumulation

The funding, revealed on July 8, 2025, was raised through a strategic placement of A$20.7 million (approximately $13.5 million USD). Out of this amount, $12.9 million will be allocated directly toward increasing the company’s bitcoin treasury. The remaining funds will be used for general working capital and to cover placement-related costs.

DigitalX emphasized in its press release that this raise reflects the company’s “renewed emphasis on bitcoin as the ongoing foundation of DigitalX’s digital asset strategy.” This aligns with a growing belief among institutional players that Bitcoin provides long-term value and acts as a reliable store of wealth amid macroeconomic uncertainty.

Backed by Industry Titans

The list of investors backing DigitalX’s MOVE into deeper Bitcoin exposure includes:

  • Animoca Brands, a global Web3 and gaming investment powerhouse;

  • UTXO Management, a digital asset investment firm;

  • ParaFi Capital, known for its early DeFi investments;

  • And high-profile individuals like Simon Gerovich, CEO of Tokyo-listed Bitcoin investment company Metaplanet.

Metaplanet itself has been aggressively building its Bitcoin reserves and now holds over 15,500 BTC. Gerovich’s participation in the DigitalX raise suggests strong alignment in long-term Bitcoin strategies among institutional investors globally.

Share Pricing and Warrant Incentives

According to the terms of the placement, each DigitalX share was priced at A$0.074 (USD $0.048). Additionally, each investor was issued one warrant for every two shares purchased, which is exercisable at A$0.15 (USD $0.10) per share and will expire 18 months from the issue date.

This arrangement provides investors with an added upside if DigitalX shares appreciate, reinforcing confidence in the firm’s Bitcoin-centered strategy.

Advisory Board Expands With High-Profile Names

As part of this capital raise, DigitalX added two notable figures to its advisory board:

  • Yat Siu, Co-founder and Executive Chairman of Animoca Brands;

  • Hervé Larren, CEO of Airvey.io and a recognized Web3 thought leader.

These additions are expected to bring strategic insight and international connections to further elevate DigitalX’s role in the Bitcoin and Web3 ecosystem.

Riding the Corporate Bitcoin Wave

DigitalX is the latest in a growing list of firms integrating Bitcoin into their corporate treasuries. Inspired by the high-profile success of Michael Saylor’s MicroStrategy, companies like Metaplanet and now DigitalX are doubling down on BTC as a strategic reserve asset.

The trend has also been encouraged by a more favorable political climate in the U.S., particularly under President Donald Trump’s crypto-positive stance, which has influenced companies worldwide to look at Bitcoin not just as an investment, but as a strategic asset.

A Bullish Move in a Shifting Market

DigitalX’s bitcoin holdings expansion comes at a time when institutional sentiment around Bitcoin remains cautiously optimistic. While the crypto markets have been consolidating in recent weeks, inflows into Exchange Traded Products (ETPs) and treasury movements from firms like Riot Platforms indicate sustained interest.

The additional BTC expected to be purchased by DigitalX with this funding could further solidify its standing as a key player among institutional holders in the Asia-Pacific region.

Conclusion

The latest $13.5 million raise by DigitalX marks a significant step in its long-term strategy to increase Bitcoin holdings and solidify its position in the global crypto investment space. With heavyweight investors like Animoca Brands and Metaplanet’s CEO Simon Gerovich on board, the move underscores growing institutional conviction in Bitcoin’s role as a financial cornerstone.

As the crypto landscape continues to mature, more traditional asset managers may follow in DigitalX’s footsteps—choosing Bitcoin as the backbone of their digital asset strategies.

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