DCC to Establish Strategic Acquisition Program
| Stock | Digitalx Ltd (DCC.ASX) |
|---|---|
| Release Time | 23 Feb 2026, 9:45 a.m. |
| Price Sensitive | Yes |
DigitalX to Establish Strategic Acquisition Program
- Capacity of up to A$30 million for strategic investments
- Focus on profitable digital asset infrastructure businesses
- Funded from balance sheet, company remains debt-free
DigitalX Limited (ASX: DCC, OTCQB: DGGFX) announces its plan to establish a strategic investment acquisition program with the capacity to deploy up to A$30 million into select digital asset infrastructure businesses and Bitcoin-aligned opportunities. This program forms part of the company's capital allocation review following recent changes in the global Bitcoin market. The investment focus will prioritize equity or structured investments in key digital asset infrastructure businesses, including regulatory technology, compliance solutions and stablecoin-related services, as well as selective digital asset exposure aligned with risk-adjusted return objectives. The company intends to focus on businesses demonstrating strong unit economics, visible revenue streams and long-term strategic relevance. All investments will be subject to Board approval and comprehensive due diligence. As part of the updated treasury strategy, the company has initially converted 100 Bitcoin into USDT, netting approximately US$6.73m in cash, and is targeting to become cash flow neutral over the coming months. The investment program will be funded through existing liquidity and balance sheet management initiatives, and the company remains debt-free. Capital deployment will occur progressively and in line with market conditions and internal investment criteria.
DigitalX remains well financed and positioned to make strategic investments that may arise as a result of the current market conditions. The company's priority remains long-term shareholder value, supported by active balance sheet management and prudent governance.