Catenaa, Tuesday, May 27, 2025-Nasdaq-listed fintech firm DigiAsia has unveiled a bold Bitcoin strategy, announcing plans to raise up to $100 million to build a BTC treasury reserve, sending its stock soaring nearly 91% on Monday.
The Indonesian fintech-as-a-service company said its board had approved the creation of a Bitcoin reserve as part of a long-term asset strategy.
DigiAsia also committed to allocating 50% of its net profits toward acquiring Bitcoin, positioning itself alongside a growing cohort of publicly traded firms making digital assets central to their financial plans.
The Jakarta-based company confirmed it is engaging with regulated partners to execute yield strategies on the BTC holdings and is evaluating fundraising mechanisms including equity-linked securities, convertible notes, and crypto finance instruments.
DigiAsia’s stock closed at $0.3553 on the Nasdaq after the announcement, though it dropped 23% in after-hours trading. The price had plummeted 96% over the previous year.
Founded to serve emerging markets, DigiAsia offers digital wallets, cashless payment infrastructure, and fintech services across Southeast Asia.
The firm reported $101 million in revenue for 2024, a 36% annual increase, and forecasts 24% growth in 2025.
DigiAsia’s move follows high-profile Bitcoin acquisitions by firms such as Strategy, which now holds over 576,000 BTC, and Japan’s Metaplanet, which expanded its holdings to 7,800 BTC.
The announcement underscores the growing trend of corporate Bitcoin adoption in Asia, as companies seek to hedge against inflation and tap into decentralized financial systems to enhance returns.
