Home DigitalX Boosts Bitcoin Holdings Amid ASX Scrutiny

DigitalX Boosts Bitcoin Holdings Amid ASX Scrutiny

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DigitalX, an ASX-listed investment firm specializing in digital assets, intends to grow its Bitcoin holdings from approximately 500 to 2,100 by 2027. The company aims to position cryptocurrency as the core asset of its digital treasury, serving as a hedge against inflation and a liquid store of value.

The increase will be funded through asset conversions, strategic debt instruments, equity raises, and operating revenue. Meanwhile, DigitalX is under scrutiny by the Australian Securities Exchange after director Ieva Guoga purchased over three million shares shortly before the company announced an acquisition strategy aimed at revenue growth.

The ASX is investigating potential governance and financial issues linked to her relationship with her father, Antanas Guoga—the largest shareholder and former European Parliament member.

The inquiry focuses on the timing of her purchases and possible insider influence, raising questions about corporate governance and transparency.

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