DigiAsia Corp Nasdaq listed company’s stock added 91.02% to its price in the past 24 hours and is now trading at $0.36. It is said that the addition in stock prices of DigiAsia has been observed following the company’s announcement to raise $100 million to buy Bitcoin.
As per information dated May 19, 2025, DigiAsia Group of directors approved creating a Bitcoin ‘treasury reserve’ and further quotes, “ committing up to 50% of any net profits generated to fund the acquisition of BTC.”
It is worth noting the money used will be used to fund Bitcoin buying further these BTC will be used for staking, lending and other similar use cases to earn yield.
DigiAsia quotes that it has , “initiated discussion with regulated partners,” for its Bitcoin yield earning strategy and managing its overall holdings.
Publicly listed companies inclining towards Bitcoin buying
Over time, several publicly listed companies have embraced Bitcoin, and companies like Strategy (earlier MicroStrategy) and Metaplanet have invested millions and billions in BTC.
MicroStrategy started purchasing in 2020 and added 6,911 BTC in March 2025 and 15,400 BTC in December 2024. With a 94.58% stock increase in Q4 2024, it is regarded as a Bitcoin stand-in.
According to Google Finance, NASDAQ:FAAS stock prices are up by 72.84% in the weekly time frame, yet in the year-to-date time frame the prices are down 62%.
The initial resistance of DigiAsia stock is $0.3650 and $0.4313 and on other hand its support is $0.1914 followed by $0.1504 and $0.0841.
Growing institutional interest in Bitcoin is driving the spike, which indicates high market enthusiasm for DigiAsia’s Bitcoin strategy. However, the after-hours decline points to some investor nervousness.
The company’s 2024 revenue is $101 million, and in 2025, it is expected to expand by 24% to $125 million. The substantial year-to-date loss in the stock and the speculative nature of Bitcoin investments serve as a reminder to investors of the extreme volatility and dangers involved in such crypto-focused strategies.
Crypto market price updates
Until publishing the crypto market was at $3.34 trillion, with a surge of the crypto fear and greed index was at 68 indicating greed in the market.
Bitcoin is exchanging hands at $105,331 with a surge of 2.02% in the past 24 hours, and its market capitalization has reached $2.09 trillion with an addition of 2.04%.
Ethereum is still at $2,528 with intraday surge of 5.03% and market cap is $305.63 million with a growth 5.04%. It failed to break the mark of $2,600 in the past 24 hours.
