Nasdaq-listed DigiAsia plans $100 million raise to buy Bitcoin 🇮🇩
Nasdaq-listed DigiAsia, an Indonesian fintech company, has announced plans to raise up to $100 million in capital. This move is part of the company's strategy to acquire Bitcoin for its treasury reserves. By doing so, DigiAsia aims to leverage the potential benefits of holding Bitcoin amidst growing interest in cryptocurrency investments.
The decision highlights a growing trend among companies to incorporate digital assets into their financial strategies, providing insights into the evolving landscape of corporate treasury management.
Source: www.theblockcrypto.com ↗
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