DigitalX Limited ( (AU:DCC) ) has shared an announcement.
DigitalX Limited has received a distribution of 41.98 Bitcoin and 52.48 Bitcoin Cash from the Mt Gox Exchange administrators, valued at approximately AUD$5.72 million. This recovery marks a significant event for the company, adding to its Bitcoin reserves and supporting its strategy to generate revenue from its asset portfolio. The company is also entitled to receive 18,152,805 Japanese Yen, which will be converted into Australian Dollars for working capital.
More about DigitalX Limited
DigitalX Ltd (ASX:DCC) is a leading Australian digital investment manager and the only ASX-listed crypto fund manager. The company has a strong track record in digital asset management, with its Bitcoin Fund being rated as the top-performing fund in Australia for 2023 returns. DigitalX primarily serves domestic individual wholesale investors and family offices, managing Australia’s first ASX-listed spot Bitcoin ETF and an actively managed crypto fund.
YTD Price Performance: 83.33%
Average Trading Volume: 58,625
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $39.78M
See more data about DCC stock on TipRanks’ Stock Analysis page.