DigitalX Limited ( (AU:DCC) ) has provided an announcement.
DigitalX Limited reported a strategic expansion of its treasury with the addition of Solana, leading to a significant increase in staking revenues for the quarter ending March 2025. The company also reduced its operating expenditure by 23.6%, reflecting a streamlined approach to operations amidst volatile crypto markets. The DigitalX Bitcoin ETF showed strong performance, and the company successfully settled a Federal Court dispute, receiving Bitcoin and Bitcoin Cash. These developments position DigitalX to generate sustainable value from its digital asset strategies.
More about DigitalX Limited
DigitalX Limited operates in the cryptocurrency and digital asset industry, focusing on blockchain technology and digital asset management. The company offers products and services such as a Bitcoin ETF and engages in activities like cryptocurrency staking, with a market focus on leveraging digital assets for sustainable growth.
YTD Price Performance: -62.50%
Average Trading Volume: 32,265
Technical Sentiment Signal: Buy
Current Market Cap: $40.11M
Learn more about DCC stock on TipRanks’ Stock Analysis page.