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DigiAsia Launches $100 Million Bitcoin Treasury Initiative and Begins Shortlisting Investment Banks for Capital Raise
Newsfileยท 2025-05-27 12:08
Group 1 - DigiAsia Corp is launching a $100 million Bitcoin treasury initiative to enhance its Bitcoin reserves and strengthen its position in digital asset management [1][2] - The company is in the process of shortlisting investment banks to assist in the capital raise, with a lead bank expected to be appointed soon [1][2] - This initiative is part of a broader strategy to accelerate institutional Bitcoin acquisition and is one of the largest corporate crypto treasury efforts announced in 2025 [2][3] Group 2 - DigiAsia plans to begin initial Bitcoin purchases in Q3 2025 and will provide updates on the capital raise and acquisition milestones in the near future [3] - The selected investment bank will help structure a multi-channel capital raise, including equity-linked offerings and convertible note structures for institutional investors [5] - The initiative aims to create shareholder value through Bitcoin capital appreciation and regulated yield generation [2][5] Group 3 - DigiAsia operates as a fintech-as-a-service provider, focusing on emerging markets and offering APIs for SMEs to integrate financial services [4] - The company is expanding AI-driven financial solutions across Southeast Asia, India, and the Middle East [4]