Indonesia’s DigiAsia Plans to Invest Profits in Bitcoin as Shares Surge 91%
- Nasdaq-listed company to invest half of profits in Bitcoin
- Indonesian fintech raises $100 million to buy BTC
- DigiAsia shares soar after crypto strategy announcement
Indonesia-based fintech DigiAsia Bios, listed on Nasdaq under the ticker FAAS, has announced plans to raise $100 million to expand its exposure to Bitcoin. According to the company, half of future net proceeds will be allocated to cryptocurrency acquisitions, with a primary focus on BTC.
🗞️ICYMI: #Nasdaq -Listed #DigiAsia Aims to Raise $100M to Buy # Bitcoin . pic.twitter.com/yOWdRQoOXG
— Crypto Hub Daily News (@cryptohdaily) May 20, 2025
The company also revealed that it is evaluating other ways to generate income from its digital assets, including lending and staking. To this end, it is seeking to establish partnerships with duly regulated entities in the digital finance sector. The decision marks yet another corporate move in line with the trend of companies incorporating Bitcoin into their balance sheets as a form of strategic diversification.
DigiAsia's proposal quickly resonated in the market. In response to the announcement, its shares registered a significant increase of around 91%, driven by the optimism of investors who see the initiative as a bold position at a time when Bitcoin is rising in value on the international market.
Inspired by models already adopted by companies such as MicroStrategy, DigiAsia seeks to consolidate its presence among companies that use Bitcoin as part of their long-term financial strategy. This approach has gained traction with the increase in institutional adoption of cryptos and the strengthening of spot Bitcoin ETFs.
The company's CEO was not directly mentioned in the statement, but the strategic move suggests a stance focused on sustainable growth combined with taking advantage of bullish cycles in the digital asset market. Allocating 50% of future profits to BTC represents a significant commitment to the thesis of the appreciation of the main cryptocurrency on the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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