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ParaFi Exits Substantial Holding in DigitalX After $1.28m Share Sale

Story Highlights
  • DigitalX Limited reported that ParaFi entities sold 39.4 million shares, ending their status as substantial holders.
  • The disposal reshapes DigitalX’s institutional shareholder base and may influence market views on specialist crypto fund support.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ParaFi Exits Substantial Holding in DigitalX After $1.28m Share Sale

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DigitalX Limited ( (AU:DCC) ) just unveiled an announcement.

Digital asset investment firm DigitalX Limited has disclosed that ParaFi Digital Opportunities LP and related entities have ceased to be substantial shareholders in the company. The change follows an on-market disposal of 39,381,079 fully paid ordinary shares on 5 March 2026 for approximately $1.28 million.

The exit of ParaFi as a substantial holder reduces concentrated institutional ownership in DigitalX and may affect the stock’s liquidity and shareholder base composition. While no change in associations was disclosed, the move signals a repositioning by a key U.S.-based digital asset investor and could influence market perceptions of DigitalX’s support from specialist crypto funds.

The most recent analyst rating on (AU:DCC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on DigitalX Limited stock, see the AU:DCC Stock Forecast page.

More about DigitalX Limited

DigitalX Limited is an Australian-listed company operating in the digital assets and blockchain sector. It focuses on exposure to and management of digital asset investments, positioning itself as a specialist player in crypto-related financial markets for institutional and sophisticated investors.

YTD Price Performance: -15.79%

Average Trading Volume: 2,594,345

Technical Sentiment Signal: Sell

Current Market Cap: A$47.63M

See more insights into DCC stock on TipRanks’ Stock Analysis page.

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