How DigiAsia Just Made Bitcoin Seem Like the Best Investment Ever

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  • DigiAsia’s $100M BTC plan nearly tripled its stock value. Talk about a magic trick! 🎩✨
  • The BTC treasury trend could skyrocket BTC to $500K by 2029. So, should we start planning for the moon? 🌙🚀

On the 19th of May, DigiAsia Corp (Nasdaq: FAAS) shocked the market and practically did a cartwheel as its stock soared from a pitiful $0.2 to a nearly respectable $0.6. That’s a 90% increase! Who knew that Bitcoin was the secret sauce for success? 🤑💰

So, here’s the deal: DigiAsia, a tech firm with a fancy name that does stuff with digital financial services in Asia and beyond (you know, nothing too exciting), announced it was throwing $100 million into a Bitcoin [BTC] treasure chest. Suddenly, everyone was interested. Funny how that works, right?

The BTC Treasury Trend – Welcome to the Future! 🕶️

Apparently, DigiAsia’s brilliant plan involves raising $100 million to load up its corporate Bitcoin reserve, and they’re even promising to use 50% of their net profit to fuel this glorious endeavor. How very generous of them!

In a heartwarming statement, Prashant Gokam, Co-CEO of DigiAsia, said:

“We believe Bitcoin represents a compelling long-term investment and a foundational layer for modern treasury diversification. This move positions DigiAsia at the forefront of institutional crypto adoption and reflects our broader commitment to fintech and blockchain innovation.”

Translation: “We’re throwing money at Bitcoin because, hey, it seems to work for everyone else. Let’s ride the crypto wave!”

The company also said this plan would help “preserve shareholder value” and “improve treasury returns.” Because, you know, making money is always the goal! 🤷‍♂️💸

And they’re not the only ones. This whole BTC treasury thing was kickstarted by Strategy (a.k.a. MicroStrategy) in 2020. Since then, their stock has skyrocketed by over 3000%! You know, just a small increase for a tiny company like that.

Meanwhile, Bitcoin itself rallied a modest 1000% over the same period. So, let’s just say, maybe it’s better to buy the stock of companies that bought Bitcoin instead of the Bitcoin itself. 😂

But, hey, no one’s complaining about Strategy’s giant Bitcoin stash of 576.23K BTC. That’s worth a cool $61 billion at today’s prices. Not bad for a company that’s really into digital gold.

Over in Japan, Metaplanet saw what Strategy was doing and decided to jump on the Bitcoin bandwagon last August. They’ve already earned $100 million in unrealized profit. You know, just like DigiAsia, they must be really good at making money! 💸💸

And guess what? Their stock has surged 1000% since last August. So, apparently, the best way to turn your company into a winner is just to back up a truck full of Bitcoin. 🏎️💨

According to BitBo data, the whole corporate treasury trend is gaining speed, with public companies now holding over 740K BTC ($77 billion worth). But the real MVP is Strategy, controlling a whopping 90% of that stash. Talk about hogging the crypto spotlight. 😅

However, Bernstein analysts recently predict that the next wave of corporate Bitcoin adoption will come from smaller companies like DigiAsia. Their forecast? A $330 billion BTC flood that could catapult Bitcoin to $500K by 2029. Guess we should all start practicing our HODL strategies now! 🙌📈

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2025-05-21 01:17