The expected attempt by Indonesian FinTech company Digiasia Bitcoin to the company safe $102,915.01 officialized the desire to include. The management aims to diversify its corporate asset portfolio with crypto currency by collecting new capital of $ 100 million. According to the plan, 50 %of the net abdomen to be obtained in the future will be directed to Bitcoin purchases within the specified ratio. With the spread of the news, the share price splashed hard during the day, then withdrawn with profit sales.
Basic Details of Digiasia’s Bitcoin Reserve Plan
Company executives emphasize the concept of “modern Treasury management ında in their investor presentations. Various borrowing options, including convertible bonds, crypto currency -related financing tools and special loans. The aim is to establish a dynamic background structure without condemning classical banking resources. The capital to be collected will be structured not only for purchasing, but also to transform Bitcoin, which is held, into an asset that produces income. Management is investigating to obtain passive return through methods such as staking or giving corporate loans through regulated partners. Thus, the company aims to capture the interest -like gains of the ecosystem while adding crypto money to its balance sheet.
This strategy means a bold scale expansion for Digiasia, who expects a profit of $ 12 million in 2024, in 2024. Although the current income table is relatively modest, the management wants to distract the balance sheet by creating a “digital gold” stock that can increase its value over time. Bitcoin’s recently seen as a reserve asset in corporate portfolios is preparing the ground for Digiasia’s decision. “Bitcoin is attractive in the long run, because its monetary policy offers a natural protection against its uncertainties, Pra, Prashat Gokarn, the co -CEO of the company, summarizes the rationality of the strategy.
Market Response and Corporate Strategy Discussions
After the announcement, the stock saw the ceiling with an increase of about 91 %in minutes. However, as the end of the day was approached, early profit sales came and gave back a part of the premium; Daily net change at the closing was recorded as 22 %decrease. Since the beginning of the year, the fact that the share value is still more than 50 %behind shows the cautious stance of investors. Analysts say that the volatility may continue in case the plan is on the shelf, and if the fund collection tour is successfully completed, there may be a relief rally in the short term.
Despite the positive first impression in Wall Street, liquidity conditions and lack of regulatory clarity create major question marks. While the crypto currency appetite of the corporate firms increases in the balance sheet, accounting applications and storage solutions are still in development. Digiasia’s steps will be a roadmap for similar sized companies. Market experts are united in the view that “risk-ödül balance should be measured carefully ;; Because capital structure can increase the risk of high volatility and balance sheet in fragile firms.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
