“The Funds Will Be Used to Increase Digitalx’s Bitcoin Treasury, Bringing Its Total Bitcoin and Digital Holdings to Over 95 Million Australian Dollar.”, – WRITE: www.coindesk.com
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The Placement Attracted Froming from Animoca Brands, Utxo Management and Parafi Capital, Alongside Individual Contributions from Executives in the Crypto Space. One of Those Participants is Simon Gerovich, President and CEO of Japan-Listed Metaplanet, Who Invested in A Personal Capacity.
Metaplanet (3350) is Currently the Fifth-Largest Publicly Traded Bitcoin Treasury Company, with 15,555555555555 BTC on It Balance Sheet.
Digitalx Plans to Funnel Nearly 19.7 Million Australian Dollar ($ 12.9 Million) from The Raise Directly Into Boosting Its Bitcoin Treasury, Building on a Stash 65 Bitcoin. The FIRM Manages ITS OWN BITCOIN ETF.
ALTOGETCHER, ITS assets in bitcoin and other Digital Holdings Will Climb Above 95 Million Aud Following the Placement.
Listed in 2014 as a bitcoin mining company, Digitalx has been a long-time proportent of bitcoin’s potential as a store of value.
In the placement, Shares in Digitalx Were Issued at 7.4 Australian CENTS EACH, A SLIGHT DISCOUNT TO RECENT TRADING LEVELS, WITH ADDITIONAL WARRANTS OFFERED PENDING SHAROLDERHOLDER APROVALA.
Shares of Digitalx Rose Nearly 42% on Tuesday, Jumping to Over 11 Australian Cents.
