• Home
  • DigiAsia Stock Soars 90% After $100M Bitcoin Move

DigiAsia Stock Soars 90% After $100M Bitcoin Move

Key Takeaways

DigiAsia, a digital financial services provider based in Asia, has announced its plan to invest USD 100 million in Bitcoin (BTC) as part of its corporate reserves. This decision triggered a massive surge in its stock price—over 90% in a single day. DigiAsia is following a growing trend among publicly traded companies using Bitcoin as a strategic reserve asset. Analysts expect this trend could drive over USD 300 billion in capital inflows into the Bitcoin market by 2030.

What’s Behind DigiAsia’s Bitcoin Strategy?

On May 19, 2025, DigiAsia (Nasdaq: FAAS) announced its intention to raise USD 100 million to hold Bitcoin as part of its corporate reserves. Additionally, the company plans to allocate 50% of its net profit toward similar investments moving forward.

According to Co-CEO Prashant Gokam, the company views Bitcoin as a long-term investment opportunity and a forward-looking foundation for diversifying its corporate reserves. The goal is to preserve company value and enhance returns on reserves.

Market Reaction

The stock market responded immediately: DigiAsia’s share price jumped from USD 0.20 to nearly USD 0.60—a gain of more than 90%. DigiAsia is following in the footsteps of other companies that have benefited from similar strategies.

alert-circle
You can also find us on Telegram: Click here to follow our Telegram channel.

A notable example is MicroStrategy (now known as Strategy), which has been heavily investing in Bitcoin since 2020. The company currently holds over 576,000 BTC valued at approximately USD 61 billion. Since adopting this strategy, Strategy’s stock price has surged by more than 3000%.

More Examples of Successful BTC Investments

Metaplanet, a Japanese company, has also embraced the Bitcoin trend. Since August 2024, it has acquired approximately 7,800 BTC. Its share price has since increased from USD 0.45 to over USD 5—an increase of more than 1000%. The company is currently sitting on unrealized gains of about USD 100 million.

These developments highlight that a Bitcoin strategy can be an effective tool for publicly traded companies to boost their stock value and differentiate themselves from competitors.

How Big Is the Trend?

According to data from BitBo, publicly traded companies currently hold over 740,000 BTC—equivalent to around USD 77 billion. Strategy alone controls more than 90% of this total.

Analysts at investment firm Bernstein predict that more small and mid-sized companies like DigiAsia will enter the market in the future. They expect this trend could lead to capital inflows of USD 330 billion by 2030 and push Bitcoin’s price up to USD 500,000.

Our Assessment

DigiAsia’s move demonstrates growing confidence in Bitcoin as a strategic investment instrument. The decision to hold part of its corporate reserves in BTC sends a signal to investors and serves as a hedge against economic uncertainty.

For investors, it may be worthwhile to monitor the progress of such companies. Past examples suggest that the market responds positively to these strategies—at least in the short term. However, whether the trend pays off in the long run will depend heavily on the future development of the Bitcoin market.

Sources

  • BitBo
  • Bernstein Research
Casinos: 55
Profile Bitcoin
Symbol BTC
Coin type Alt Coin
Transaction Speed Slow
Pros
  • First cryptocurrency, therefore very widespread
  • Largest selection of casinos among the coins
  • Many BTC based bonus offers
Cons
  • Fairly low transaction speed
Further practical applications
Price 105708
24h % 0.21 %
7d % 0.32 %
30d % 1.93 %
60d % 29.39 %
1y % 52.56 %
Market Cap $2,100,678,465,144.00
Max. Supply 21,000,000.00
Official Links
Socials Reddit | X | Message Board
Best 3 Bitcoin casinos

Latest News

Isabella Brown

Created by

Online Gambling, Greece and my dog Gringo are my three favorite things in my life. Before working for Kryptocasinos.com I was leading the content team of an iGaming Online magazine where I was focused on researching casinos, their licenses and the connection between the members of the industry.
Reviewed by
iGaming expert for > 10 years

Last update: May 21, 2025

kryptocasinos.com Logo Advertising transparency

We are independent, transparent and funded by revenue we generate when you sign up at a casino through us.

Our goal is to help you make better decisions when choosing a casino by offering different information, providing filters and comparison tables, and publishing objective content. Thus, we give you the opportunity to research for free, compare casinos and make your decision based on that.

We cannot guarantee that a casino that is very good for us will fit your type of player and your circumstances.

Why trust us?

We work according to transparent editorial guidelines and disclose our testing methods as well as funding. This article may contain links to our partners, but this does not influence our objective view in any way.

🍪
We use cookies. By using this site, you accept them.