DigiAsia Corp, a Nasdaq-listed firm led by Co-CEOs Prashant Gokarn and Alexander Rusli, plans to raise $100 million for Bitcoin investments, establishing a significant BTC reserve.
This initiative highlights DigiAsia’s efforts to strengthen its crypto treasury and accelerate institutional crypto adoption, echoing strategies of other major corporations.
DigiAsia’s $100M Bitcoin Acquisition Plan Unveiled
DigiAsia Corp is setting a precedent with its $100 million capital raise for Bitcoin acquisitions. The company, known for its innovative approach, is focusing on cryptocurrency for institutional growth and treasury diversification.
The initiative, led by Prashant Gokarn and Alexander Rusli, will allocate up to 50% of net profits to Bitcoin reserves. DigiAsia is collaborating with regulated partners to manage BTC yield strategies.
Corporate Bitcoin Strategy Sparks Industry Interest
This strategy could inspire other companies to explore crypto holdings. While direct community or developer reactions are absent, industry observers anticipate increased confidence in institutional Bitcoin adoption.
Data suggests companies like MicroStrategy and Tesla have set precedents for Bitcoin adoption, driving price momentum. DigiAsia’s plan might further cement Bitcoin’s role in corporate treasury management.
Echoing Moves by MicroStrategy and Tesla
DigiAsia’s move mirrors previous corporate strategies by MicroStrategy and Tesla. These firms enhanced Bitcoin’s appeal and inspired broader adoption, affecting market dynamics.
Experts from Kanalcoin suggest that DigiAsia’s significant BTC commitment could trigger positive market shifts, reinforcing Bitcoin’s stature in institutional portfolios. Such moves are critical for long-term crypto acceptance.
“We believe Bitcoin represents a compelling long-term investment and a foundational layer for modern treasury diversification. This move positions DigiAsia at the forefront of institutional crypto adoption and reflects our broader commitment to fintech and blockchain innovation.” – Prashant Gokarn, Co-CEO, DigiAsia Corp. DigiAsia Press Release
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