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ASX-Listed DigitalX Doubles Down on Bitcoin Bet With Bold $8.8M Treasury Purchase
ASX-Listed DigitalX Doubles Down on Bitcoin Bet With Bold $8.8M Treasury Purchase
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DigitalX just made its biggest crypto move yet—and traditional finance is scrambling to keep up.
The Bitcoin pivot
The ASX-listed fund dropped $8.8 million on BTC this week, turning corporate treasury strategy into a bullish meme. Forget bonds—this is the new institutional playbook.
Why it matters
While Wall Street still debates 'digital gold,' forward-thinking firms are quietly stacking sats. The move comes as Bitcoin flirts with key resistance levels—proving once again that actions speak louder than analyst reports.
The cynical take
Meanwhile, your average CFO is still rebalancing their 60/40 portfolio into oblivion. Happy 2025, dinosaurs.
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