Indonesia's DigiAsia shares pop 90% on plan to raise $100M to buy Bitcoin

Shares in the Indonesian fintech firm DigiAsia Corp nearly doubled after the company said it plans to raise $100 million to seed its first of many Bitcoin buys. The Jakarta-based Nasdaq-listed company said on May 19 that its board of directors approved creating a Bitcoin BTC BTC - $70246.930 “treasury reserve” and it was “committing up to 50% of any net profits generated to fund the acquisition of BTC BTC - $70246.930

Source: cointelegraph.com

Related symbols: BTCUSD

2025-05-20 05:04:02 GMT.

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Price & Market Data

Price: $70246.930

Volume 24h: $97,658,198,433.82

Market Cap: $1,403,912,296,682.60

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,985,068. The last known price of Bitcoin is 65,845.06211313 USD and is down -7.72 over the last 24 hours. It is currently trading on 12558 active market(s) with $145,654,273,281.70 traded over the last 24 hours. More information can be found at https://bitcoin.org/.