DigiAsia Plans $100 Million Capital Raise for Bitcoin Treasury Expansion
DigiAsia Corp plans to raise $100 million to build a Bitcoin treasury, resulting in a 90% increase in its stock price, closing at $0.36 on Nasdaq. The board approved allocating up to 50% of future net profits for Bitcoin acquisitions and exploring capital raises.
- The company will implement yield-generating strategies such as institutional lending and staking with regulated partners.
- DigiAsia aims to retain Bitcoin as a long-term digital reserve asset.
- Co-CEO Prashant Gokarn emphasized Bitcoin's role in modern treasury diversification.
Corporate Bitcoin Acquisitions Increase
- Public companies are adopting Michael Saylor’s strategy for Bitcoin treasury management.
- MSTR acquired 7,390 BTC for $764.9 million, totaling 576,230 BTC at an average cost of $69,726 per BTC.
- MSTR stock rose 3.14%, reaching $413, with year-to-date gains of 37%.
- Metaplanet increased its holdings by over 1,000 BTC, now totaling 7,800 BTC, leading to a 121% stock return in a month.
- Metaplanet acquired 2,800 BTC in May 2025 alone, surpassing El Salvador's total holdings and achieving a BTC yield of 95.6% in Q1.