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ASX-Listed DigitalX Invests $8.8M in Bitcoin Treasury

DigitalX financed this acquisition by reallocating its existing digital assets, showing commitment to Bitcoin.
Ephraim Emmanuel
Last updated:
23 July 2025 @ 11:18 UTC
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DigitalX Limited, the only cryptocurrency fund manager listed on the ASX in Australia, has purchased 74.7 BTC for about $8.8 million. At an average price of $117,293 per bitcoin, this purchase increases its total Bitcoin holdings to 499.8 BTC, valued at approximately $91.3 million. The portfolio includes 306.8 BTC held directly and 193 BTC via its DigitalX Bitcoin ETF (ASX: BTXX).

DigitalX Spends $8.8M on Bitcoin

This acquisition supports DigitalX’s strategy to focus on Bitcoin as a long-term asset, bringing its treasury value above $100 million. The latest purchase follows a $20.7 million capital raise in July 2025, with $12.8 million specifically set aside for Bitcoin. Prominent investors, including Animoca Brands, UTXO Management, and ParaFi Capital, supported this capital raise, indicating strong market confidence.

DigitalX aims to offer quality Bitcoin investment options through both its ETF and direct holdings. By focusing solely on Bitcoin, DigitalX aims to capitalize on its stability and growth potential, positioning itself as a leading choice for investors in Australia’s cryptocurrency market. DigitalX’s decision reflects its belief that Bitcoin is a reliable long-term asset, especially as more institutions show interest.

With 499.8 BTC in its portfolio, the company strengthens its place in the digital asset market.

Strategic Investments in Bitcoin

The company’s focused strategy aligns with a global trend of companies adopting Bitcoin as a reserve asset. One such example is Grupo Murano. The Mexican real estate firm announced plans to invest $1 billion in Bitcoin yesterday. The company, renowned for its luxury hotels and commercial projects, aims to revise its financial strategy. The firm plans to establish a $10 billion Bitcoin treasury within five years.

Just two days ago, Strategy went shopping again, purchasing an additional 6,220 BTC for $740 million, bringing its total to 607,770 BTC. Metaplanet, however, paused its buying spree this week. These actions underscore Bitcoin’s growing significance as a treasury asset. 

DigitalX’s focused approach positions it to capitalize on this trend and solidify its role in Australia’s crypto market. The leadership believes Bitcoin can protect against economic uncertainty, appealing to both institutional and retail investors. This strategy also enhances the appeal of its ETF, providing a regulated investment option for Bitcoin on the ASX.

Ephraim Emmanuel

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