DigiAsia Corp (FAAS) Signs Indicative Termsheet for up to US$3 Million Non-Recourse Debt to Launch Bitcoin Treasury Reserve

Core Insights - DigiAsia Corp has signed an indicative termsheet with High West Capital Partners for up to US$3 million in non-recourse debt financing to support its Bitcoin treasury acquisition strategy [1][2] - The company is advancing a US$100 million equity raise aimed at long-term Bitcoin holdings, with strong institutional interest [3][4] Group 1 - The non-recourse debt structure allows DigiAsia to begin accumulating Bitcoin without diluting equity, marking a significant step in its US$100 million Bitcoin treasury strategy [2][6] - The company plans to initiate Bitcoin purchases in Q3 2025 and will provide updates on treasury operations and investor participation soon [4][6] - DigiAsia's broader capital formation plan includes engaging institutional investors through regulated public markets for blockchain-aligned treasury strategies [3][4] Group 2 - DigiAsia Corp operates as a Fintech-as-a-Service platform, providing digital banking and crypto-compatible treasury infrastructure across Southeast Asia, India, and the Middle East [5] - The company aims to build a yield-optimized, institutionally compliant treasury to enhance its balance sheet strength [4][6]