Bitcoin News Today: DigitalX Buys 74.7 BTC, Bitcoin Holdings Grow 58% to $91.3M

DigitalX Limited, an ASX-listed cryptocurrency fund manager, has announced the acquisition of 74.7 Bitcoin (BTC) for its corporate treasury, further solidifying its position as a prominent institutional player in the crypto market. The purchase, disclosed on July 23, 2025, was made at an average price of $117,293 per BTC, bringing the company’s total Bitcoin holdings to 499.8 BTC, valued at approximately $91.3 million [1]. This addition follows a prior acquisition of 57.5 BTC on July 18, 2025, reflecting a deliberate strategy to increase exposure to the flagship cryptocurrency.

The company’s total treasury, excluding cash, now exceeds $104.4 million. Of the 499.8 BTC holdings, 306.8 BTC are held directly by DigitalX, while the remaining 193 BTC are indirectly held through 881,000 units in its ASX-listed Bitcoin ETF, BTXX [1]. This structured allocation underscores the firm’s dual approach to portfolio management: direct ownership for strategic reserve purposes and indirect exposure via its ETF for broader market participation.

DigitalX’s Bitcoin treasury has grown significantly in recent months. Since June 30, 2025, its BTC per share has increased by 58%, reaching 33.88 Satoshis (Sats)—a metric introduced to provide investors with a granular view of their exposure to the firm’s holdings [1]. This growth aligns with the company’s long-term vision of positioning Bitcoin as its core treasury asset. The firm emphasizes that its strategy extends beyond asset accumulation to include enhancing shareholder value through transparent reporting and optimized treasury structures.

The move highlights a broader trend of institutional adoption in the crypto space. By allocating capital to Bitcoin—a digital asset increasingly viewed as a hedge against inflation and economic uncertainty—DigitalX joins a growing number of financial institutions diversifying their reserves. The firm’s ASX listing adds a layer of regulatory credibility, potentially attracting risk-averse investors seeking exposure to crypto through established market channels [1].

The acquisition also reflects DigitalX’s confidence in Bitcoin’s macroeconomic utility. While the company has not disclosed the exact valuation of the recent purchase, the timing aligns with Bitcoin’s price trajectory, which reached $88,000 during the transaction period [3]. By maintaining Bitcoin as a strategic reserve, DigitalX aims to capitalize on its scarcity properties and potential for long-term appreciation, mitigating risks associated with short-term volatility.

The firm’s approach diverges from peers who have diversified into alternative cryptocurrencies. DigitalX’s focus on Bitcoin—a market-dominant asset—positions it to benefit from its established network effects and widespread institutional acceptance [2]. This specialization could appeal to investors prioritizing exposure to Bitcoin over smaller-cap digital assets.

Notably, the firm’s CEO, Leigh Travers, reiterated a commitment to expanding the BTC portfolio throughout 2025 and beyond [1]. This signals a sustained allocation strategy, with the company treating Bitcoin as a foundational financial asset rather than a speculative trade.

The purchase also intersects with broader macroeconomic debates, such as U.S. President Donald Trump’s proposed tariff-driven rebate program, which has sparked discussions about inflationary pressures [4]. While the direct impact on Bitcoin remains speculative, DigitalX’s decision to hold BTC could be interpreted as a hedge against fiat currency devaluation risks.

DigitalX’s actions underscore the maturing infrastructure of crypto markets. The firm’s ability to execute a large-scale BTC acquisition without significant market disruption highlights improved liquidity and transparency—a critical factor in attracting institutional participation. As more firms adopt similar strategies, Bitcoin’s integration into mainstream finance is likely to accelerate, further legitimizing its role as a digital reserve asset.

Source:

[1] [This Australian Investment Manager Just Added Bitcoin To Its Treasury, Here’s How Much BTC They’ve Bought] [https://www.newsbtc.com/news/bitcoin/more-bitcoin-to-treasury/]

[2] [The Crypto Treasury Pump: Insiders Cashing Out Billions?] [https://www.forbes.com/sites/boazsobrado/2025/07/24/the-crypto-treasury-pump-insiders-cashing-out-billions/]

[3] [Dow, S&P 500, Nasdaq hit pause after record-setting rally] [https://sg.finance.yahoo.com/news/stock-market-today-dow-sp-500-nasdaq-hit-pause-after-record-setting-rally-233028285.html]

[4] [Is Trump considering rebate for Americans? US President ...] [https://m.economictimes.com/news/international/global-trends/us-news-is-trump-considering-rebate-for-americans-us-president-shares-update-on-tariff-revenue/articleshow/122908872.cms]