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An announcement from DigitalX Limited ( (AU:DCC) ) is now available.
DigitalX Limited has announced a $20.7 million strategic placement and will host an investor webinar to discuss its implications. The placement is backed by global digital asset leaders and aims to enhance DigitalX’s Bitcoin-first strategy, supporting growth and strengthening its balance sheet. This move is significant for shareholders, the company’s Bitcoin ETF, and the broader digital asset adoption in regulated markets.
More about DigitalX Limited
DigitalX Ltd (ASX:DCC) is a leading Australian digital investment manager and the only ASX-listed crypto fund manager. It is the longest-standing publicly listed digital asset company in Australia, with a track record of over six years in digital asset management. The company manages Australia’s first ASX-listed spot Bitcoin ETF (ASX:BTXX) and focuses on institutional-grade custody and insurance for domestic individual wholesale investors and family offices.
Average Trading Volume: 7,253,969
Technical Sentiment Signal: Buy
Current Market Cap: A$147.5M
See more insights into DCC stock on TipRanks’ Stock Analysis page.