Catenaa, Sunday, July 20, 2025- Australian crypto fund manager DigitalX has secured A$20.7 million ($13.5 million) through a strategic placement led by notable investors including Animoca Brands, UTXO Management, and Metaplanet CEO Simon Gerovich.
Most of these funds are earmarked to grow its bitcoin treasury.
DigitalX announced last Tuesday that about $12.9 million of the capital raised would be directed toward expanding its bitcoin holdings.
Digital X says that will help reinforcing the company’s renewed focus on bitcoin as the cornerstone of its digital asset strategy.
The remainder will cover working capital and the costs related to the capital raise.
Each share was priced at A$0.074 ($0.048), with investors granted one warrant for every two shares subscribed. The warrants are exercisable at A$0.15 (US$0.10) per share and expire 18 months from issuance.
The fundraising effort also brought Animoca Brands co-founder Yat Siu and Airvey.io CEO Hervé Larren onto DigitalX’s advisory board, signaling increased strategic guidance amid the company’s growth.
DigitalX’s move reflects a broader trend among corporate crypto treasury programs, following the lead of early adopters such as Michael Saylor’s Strategy and Metaplanet. U.S. President Donald Trump’s ongoing advocacy for crypto is further propelling this corporate embrace of digital assets.
