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The latest update is out from DigitalX Limited ( (AU:DCC) ).
DigitalX Limited has announced a strategic update on its treasury and trading activities, emphasizing its 21 Hundred Bitcoin accumulation strategy. The company has allocated approximately A$4.96 million into the Lime Street Capital SPC fund, aiming to generate significant free cash flow through a market-neutral approach that operates independently of Bitcoin price movements. This move is part of DigitalX’s broader effort to optimize its treasury by balancing Bitcoin accumulation with yield-generating strategies, further solidifying its position as a leading ASX-listed provider of institutional-grade Bitcoin exposure.
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 and focuses on providing institutional-grade Bitcoin exposure to domestic individual wholesale investors and family offices.
Average Trading Volume: 4,131,822
Technical Sentiment Signal: Sell
Current Market Cap: A$86.35M
See more insights into DCC stock on TipRanks’ Stock Analysis page.