Bitcoin Bonanza: DigiAsia’s Stock Soars 90% After $100M BTC Buying Scheme!

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In the bustling metropolis of Singapore, where the air is thick with ambition and the scent of freshly printed money, the illustrious DigiAsia Corp has unveiled a plan so grand it could make even the most stoic banker weep with joy. They are raising a staggering $100 million to indulge in the digital gold known as Bitcoin. Yes, you heard it right! 💰

As the clock struck the end of Monday’s trading session, the stock price of this audacious company leaped by a jaw-dropping 90%, closing at a princely $0.36. One can only imagine the champagne corks popping in the boardroom! 🍾

But wait, there’s more! The board of DigiAsia, in a fit of financial fervor, has decided to allocate up to 50% of future net profits for Bitcoin acquisitions. They are “actively exploring” a capital raise of up to $100 million, as if they were searching for lost treasure in the depths of the ocean. According to a press release, they are also concocting yield-generating strategies for their Bitcoin stash, including institutional lending and staking with partners who are, presumably, not pirates. 🏴‍☠️

“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,” declared Prashant Gokarn, Co-CEO of DigiAsia, with the confidence of a man who just found a winning lottery ticket.

Ah, but the plot thickens! DigiAsia plans to keep Bitcoin as a long-term digital reserve asset, all while engaging in the delightful games of lending and staking. It’s like a financial buffet, and they intend to feast! 🍽️

Bitcoin Buying Spree by Corporates Continues

In a curious twist of fate, it seems that more and more publicly listed companies are adopting the Bitcoin playbook of the illustrious Michael Saylor. On May 19, Saylor’s Strategy (MSTR) decided to purchase another 7,390 BTC for a staggering investment of $764.9 million. One can only wonder if they were using a magic wand or just a really good calculator! 🧙‍♂️

Now, Strategy holds a total of 576,230 BTC, acquired for a mere $40.18 billion. With fees and expenses, each BTC was snagged for $69,726. Following this announcement, MSTR stock gained a modest 3.14% on Monday, closing at $413, while extending its year-to-date gains to a delightful 37%. Talk about a financial fairy tale! 📈

Similarly, on that fateful day of May 19, Metaplanet decided to add over 1,000 more Bitcoins to its treasure chest, bringing its total BTC holdings to 7,800 in less than a year. The Metaplanet stock has been on a rollercoaster ride on the Tokyo Stock Exchange, boasting a spectacular 121% return just over the past month. 🎢

Metaplanet has been on a Bitcoin acquisition spree in 2025, snatching up 2,800 BTC in May alone, surpassing even El Salvador’s total Bitcoin holdings. This includes a record-breaking single purchase on May 12, when the company bought 1,241 BTC for a jaw-dropping $129 million. Additionally, the Japanese firm reported an impressive BTC yield of 95.6% in Q1 and 47.8% thus far in Q2. It seems they are not just playing the game; they are rewriting the rules! 🏆

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2025-05-20 15:12