DigitalX Raises $20.7M, Buys 500 BTC for $100M Treasury

Published: 2025-07-23 14:34:53 |

DigitalX Limited, Australia’s only ASX-listed crypto fund manager, has reinforced its Bitcoin-first strategy by securing a A$28 million (US$20.7 million) strategic investment on top of a prior A$13.5 million capital raise. Since July 14, the company acquired 109.3 BTC, added 57.5 BTC on July 18 and 74.7 BTC on July 23, spending nearly US$19.7 million in total. These purchases bring its holdings to 499.8 BTC—now valued at over US$100 million. With Bitcoin as its sole treasury asset and no plans to diversify into altcoins, DigitalX cements its position as a leading corporate Bitcoin holder and mirrors growing institutional demand for Bitcoin as a long-term store of value.

Bullish

DigitalX’s sizeable Bitcoin purchases following multiple capital raises signal strong corporate confidence in Bitcoin as a treasury asset. This sustained accumulation by an ASX-listed fund manager increases institutional demand, likely supporting Bitcoin’s price in both the short term—as traders anticipate further buys—and the long term by reinforcing Bitcoin’s role as a digital store of value.