DigitalX, an Australian digital asset management group, announced that it secured $20.7 million (US$13.5 million), as part of a major strategic step, from an array of leading crypto investors, including Animoca Brands, UTXO Management, and ParaFi Capital.
On July 8, 2025, the company said that about US$12.9 million of the capital would be used directly to expand its bitcoin treasury, confirming its commitment to bitcoin as the backbone of its digital asset approach. The rest of the capital would be employed in offering expenses and general working capital.
According to the company, the capital increase marks a significant milestone for it as it once again focuses on Bitcoin as the cornerstone of its digital asset strategy.
Senior executives of publicly traded companies were also involved in this funding round, which included Simon Gerovich, CEO of Metaplanet, a firm that is known for its aggressive approach to Bitcoin.
The investors could get the stocks at A$0.074 (US$0.048) per stock, 1 warrant out of every 2 stocks before the shipping, and an 18-month-long issuance coverage (for A$0.15 (US$0.10) after the shipping).
In addition to the investment, DigitalX shared that it has well-known advisory members on board. As it increases its exposure to cryptocurrency, the company has enlisted Hervé Larren, CEO and founder of Airvey.io, and Yat Siu, co-founder of Animoca Brands, to offer a strategic solution.
The action positions DigitalX among more entities trending towards bitcoin-based treasury management, tracking the set MicroStrategy and Metaplanet under the leadership of Michael Saylor.
MicroStrategy has recently announced its plan to raise a $4.2 billion fund to invest more in Bitcoin. The wider phenomenon has picked up pace over the last few months with a positive sentiment and continued pro-crypto rhetoric by U.S. President Donald Trump.
Also Read: Murano Global to Build $500M Bitcoin Treasury Reserve
