DigiAsia Corp. (FAAS) Plunges 9.89% as Bold $3M Bitcoin Bet Goes Live – Bullish or Reckless?

FAAS takes a nosedive as markets react to its crypto treasury play.

When traditional finance meets Bitcoin volatility, sparks fly—and so do share prices. DigiAsia Corp.'s stock dropped nearly 10% after revealing its $3 million Bitcoin treasury allocation, proving once again that Wall Street still treats crypto like a dangerous ex.

The big question: Is this a strategic masterstroke or corporate gambling? While some see it as forward-thinking treasury management, others whisper about quarterly earnings being hostage to Satoshi's whims. Either way, the market voted with sell orders—at least until the next bull run makes everyone look genius again.

TLDR

• DigiAsia Kickstarts $100M Bitcoin Plan with $3M Loan

• Bitcoin Meets Balance Sheet: DigiAsia Starts Crypto Treasury

• DigiAsia Eyes $100M BTC War Chest

• Fintech Meets Bitcoin: DigiAsia Commits to Strategic Reserve

• DigiAsia Bets on Bitcoin Amid Inflation Worries

DigiAsia Corp. (FAAS) shares dropped sharply by 9.89% to $0.5100 as of 2:42 PM EDT. After a brief spike early in the morning, the price entered a consistent downward trend with intermittent volatility.

DigiAsia Corp. (FAAS)

DigiAsia Corp has secured a $3 million non-recourse loan to launch its Bitcoin treasury strategy. This funding agreement initiates the company’s broader $100 million Bitcoin treasury plan. The company expects to finalize the transaction with High West Capital Partners within the next 45 days.

Strategic Financing Launches Bitcoin Treasury Plan

DigiAsia will use this structured debt facility to accumulate bitcoin and protect its equity position. The non-recourse format limits liability to the acquired Bitcoin, shielding the company’s broader balance sheet. This setup enables calculated Bitcoin exposure without affecting DigiAsia’s core operations.

🚨JUST IN: 🇸🇬 DigiAsia Corp $FAAS will use $3 million in non-recourse debt financing for initial #bitcoin purchase. They hope to raise up to $100 million in capital for their Bitcoin Treasury Strategy. pic.twitter.com/Dfdhvn4Jyt

— NLNico (@btcNLNico) June 23, 2025

The firm plans to begin acquisitions in Q3 2025 and expand holdings as capital is deployed. This early MOVE forms the foundation of its $100 million Bitcoin treasury program announced earlier this year. DigiAsia positions this development as a financial modernization step aligned with broader asset reserve diversification trends.

The Bitcoin treasury initiative reflects growing adoption of digital assets as corporate reserves across global markets. DigiAsia intends to build an institutionally structured digital asset reserve through this program. It sees Bitcoin as a long-term strategic asset in today’s inflation-prone economic climate.

Broader Capital Strategy Targets Bitcoin Expansion

In addition to the initial $3 million, DigiAsia is also planning a $100 million equity raise. This capital will be allocated entirely to long-term Bitcoin treasury expansion. The company is working with D. Boral Capital to reach institutional partners in regulated public markets.

DigiAsia aims to bridge digital and traditional markets. It will offer public market access to Bitcoin reserves without requiring direct crypto exposure. The company views this model as scalable, transparent, and compatible with evolving financial regulations.

This dual-track capital approach provides both immediate momentum and long-term treasury capacity. By combining debt and equity channels, DigiAsia seeks to optimize its Bitcoin acquisition strategy. Market conditions will guide the deployment pace and scope over the next several quarters.

Digital Infrastructure Supports Treasury Execution

DigiAsia’s fintech platform already supports digital assets through its modular B2B2X infrastructure, making Bitcoin integration into its financial systems efficient and scalable.  The company will provide updates on custody, compliance, and operational execution.

The treasury framework will use compliant custody and reporting tools aligned with institutional standards. DigiAsia plans to offer transparency in treasury activity, including purchase timing and asset safekeeping. This reinforces the company’s regulated posture as a Nasdaq-listed fintech provider.

The Bitcoin treasury initiative places DigiAsia among a small group of Southeast Asian firms actively integrating Bitcoin into corporate finance. The company intends to build a secure, yield-optimized, and regulation-friendly reserve strategy.