DigiAsia to bolster Bitcoin reserves with $100M initiative

NEW YORK - DigiAsia Corp (NASDAQ: FAAS), a fintech platform known for its digital financial services in Asia with a current market capitalization of $39.91 million, is poised to expand its Bitcoin (BTC) treasury reserves with a $100 million capital raise. The company, whose stock has surged 75% in the past week according to InvestingPro data, is in the final phase of selecting an investment bank to guide the initiative and expects to appoint a lead advisor within the week.

The move by DigiAsia is part of a broader strategy to accelerate its Bitcoin acquisition efforts and solidify its standing in corporate digital asset management and blockchain innovation. The chosen investment bank will assist the company in structuring a multi-faceted capital raise. This will include equity-linked offerings for institutional investors, convertible note structures to support long-term Bitcoin holdings, and innovative crypto finance instruments aimed at optimizing treasury yields. InvestingPro data shows the stock typically trades with high price volatility, with the price ranging from $0.16 to $9.48 over the past 52 weeks.

DigiAsia’s initiative marks it as a leading NASDAQ-listed firm in corporate Bitcoin adoption. The company’s ambitious strategy represents one of the most significant corporate crypto treasury endeavors of 2025, with the potential to enhance shareholder value through Bitcoin capital appreciation and regulated yield generation.

The company anticipates starting its Bitcoin purchases in Q3 2025 and plans to keep stakeholders informed about the progress of the capital raise and milestones in its Bitcoin acquisition journey.

DigiAsia, expanding its AI-driven financial solutions across Southeast Asia, India, and the Middle East, offers financial services APIs that enable SMEs to integrate cashless payments, digital wallets, and banking services, promoting financial inclusion.

The announcement contains forward-looking statements that involve risks and uncertainties, including regulatory shifts, market conditions, and the competitive landscape. These factors could lead to actual results differing materially from those projected. DigiAsia has stated that it will update forward-looking statements as required by law.

This news is based on a press release statement. According to InvestingPro’s Financial Health Score of 2.38 (rated as "FAIR"), investors should carefully consider the company’s fundamentals. InvestingPro subscribers have access to 8 additional key insights about DigiAsia’s financial health and market position.

In other recent news, DigiAsia Corp. has announced a significant shift in its financial strategy by committing up to 50% of its future profits to cryptocurrency investments. This move aligns with the growing digital economy in Southeast Asia and aims to diversify the company’s asset portfolio. DigiAsia is also forming partnerships with key cryptocurrency exchanges in the region to integrate cryptocurrency payment options and wallet services within its existing financial ecosystem. This initiative will involve upgrading DigiAsia’s platform to facilitate seamless fiat-to-crypto conversions, enhancing transaction simplicity for businesses and consumers. The company’s strategic position as a major payment processor, coupled with Indonesia’s favorable regulatory stance on cryptocurrencies, supports this transition. DigiAsia’s announcement highlights the potential for growth in the digital asset sector, although it acknowledges the risks and uncertainties involved. The company has stated that it will not provide updates to these forward-looking statements unless legally required.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.