DigitalX Reports Q3 Total Assets of AUD 60.7 Million, Bitcoin Treasury Holdings Approximately AUD 26.5 Million

DigitalX has released its quarterly report for September, stating that as of September 30, the company's total cash, digital assets, and investments reached AUD 60.7 million, an increase of approximately AUD 5.8 million from the previous quarter. Cash and cash equivalents rose to AUD 32.3 million (with no debt), primarily due to the sale of 80 Bitcoins and other digital asset disposals in July. The Bitcoin strategic treasury holds approximately AUD 26.5 million, including direct holdings of 30 Bitcoins and about AUD 22.9 million in DigitalX Bitcoin Fund units. The company completed an on-market buyback of 120 million shares, returning AUD 3.1 million to shareholders, with the buyback price at a discount of about 30% to the net asset value, and plans to seek approval for an additional buyback of 120 million shares at the shareholder meeting on November 26. The DigitalX Bitcoin ETF reported a quarterly return of 42%, with net assets rising to AUD 45 million. The company plans to continue its AUD 30 million investment acquisition plan in AI and blockchain. Additionally, on October 16, it sold approximately 30 Bitcoins at an average price of about USD 82,000 per Bitcoin.

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