DigiAsia Corp. Plans Bitcoin Integration for Treasury Reserve
DigiAsia Corp. has unveiled a strategic plan to infuse Bitcoin into its corporate treasury. The initiative allows the company to allocate up to 50% of its net profits for Bitcoin (BTC) acquisitions, as stated in an official release.
As a fintech leader in emerging markets, DigiAsia seeks to raise up to $100 million to bolster its Bitcoin holdings. This move aims to create a robust reserve of digital assets. The company is looking into various capital market options, including equity-linked offerings and structured crypto finance instruments.
Prashant Gokarn, Co-CEO of DigiAsia, called Bitcoin a “key component for diversifying modern treasuries.” He emphasized that this step underlines DigiAsia’s commitment to fintech and blockchain technology. On the news, the company’s stock experienced a significant jump, surging over 180%.
Moreover, digiasia intends to implement yield-generating strategies. These include institutional lending and staking, facilitated by regulated partners. This strategy seeks to improve treasury performance while safeguarding shareholder value.
DigiAsia joins other Nasdaq-listed companies integrating digital assets into treasury management. The firm’s strategy balances long-term crypto exposure with revenue-generating tools,positioning it as a leader in institutional adoption throughout Southeast Asia,India,and the middle East.
