DV8, a publicly listed company in Thailand, completed its first funding round with 241 million baht, aiming to become the first cryptocurrency treasury company in Southeast Asia.
With a strategic orientation based on the MicroStrategy and Metaplanet models, DV8 gradually increases its Bitcoin holdings to enhance the value of cryptocurrency assets per share.
MAIN CONTENT
DV8 successfully raised 241 million baht (7.4 million USD) in its first funding round.
The company aims to be the first 'cryptocurrency treasury' in the Southeast Asian region.
The strategy of increasing Bitcoin holdings is based on the successful models of MicroStrategy and Metaplanet.
How did DV8 raise funds and what is the scale?
The DV8 project has just completed its first funding round with an amount of 241 million baht, equivalent to about 7.4 million USD, a significant step demonstrating investor confidence in their unique business model.
The successful fundraising reflects the financial management capability and clear development orientation, contributing to strengthening its position in the promising cryptocurrency finance sector.
What goals does DV8 set when becoming the first cryptocurrency treasury company in Southeast Asia?
DV8 is committed to establishing a pioneering position in the region by becoming the first cryptocurrency treasury company in Southeast Asia, expanding its investment scope into digital assets such as Bitcoin.
This strategy helps the company leverage the growth momentum of the cryptocurrency market, creating a fresh and potentially profitable business model for shareholders.
We aim to replicate the success of MicroStrategy and Metaplanet, focusing on increasing the amount of Bitcoin in the treasury to enhance the value of digital assets per share, contributing to long-term stability and growth.
Mr. Somchai Prasert, CEO of DV8, July 2024
What model does DV8's strategy to increase the value of cryptocurrency assets rely on?
Based on the successful experience from MicroStrategy and Japan's Metaplanet Group, DV8 continuously focuses on accumulating Bitcoin to enhance the value of cryptocurrency assets per share, increasing its attractiveness to investors.
This model not only relies on the volatility of Bitcoin's value but also reflects the vision of managing financial assets according to global trends, helping DV8 develop sustainably.
What are the benefits when DV8 applies the cryptocurrency treasury strategy for shareholders?
This strategy helps increase asset value per share, providing potential profits while minimizing risks compared to direct investment in cryptocurrencies. DV8 shareholders benefit from the growth of professionally managed digital assets.
The MicroStrategy model shows that focusing on Bitcoin investment can help businesses increase long-term value and enhance credibility in the global financial market.
Comparison table of highlights between DV8 and the MicroStrategy model
Criteria DV8 MicroStrategy Country Thailand USA Operating Model Cryptocurrency treasury in Southeast Asia Global Bitcoin treasury, long-term storage Initial funding raised 241 million baht (~7.4 million USD) Billions of USD over multiple stages Asset ownership strategy Focus on increasing Bitcoin quantity to enhance stock value Hold Bitcoin as a main asset, valuing it on financial reports
Frequently Asked Questions
What kind of company is DV8?
DV8 is a publicly listed company in Thailand, specializing in developing cryptocurrency treasury models, aimed at increasing the value of Bitcoin assets per share.
What does DV8's first funding round include?
DV8 raised 241 million baht (approximately 7.4 million USD) in its first funding round, marking a significant milestone in its development strategy.
What model does DV8 reference in its strategy?
DV8 references the models of MicroStrategy and Japan's Metaplanet Group to build and develop its cryptocurrency treasury.
What benefits does the cryptocurrency treasury strategy bring to DV8?
The strategy helps enhance the value of digital assets on shares, increasing stability and attractiveness to investors in the financial market.
Where does DV8 have growth potential?
With a pioneering model in Southeast Asia, DV8 has the potential to expand and dominate the promising cryptocurrency market here.
Source: https://tintucbitcoin.com/dv8-goi-von-thanh-cong-74-trieu-usd/
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