{"id":345190,"date":"2025-06-26T20:31:15","date_gmt":"2025-06-27T01:31:15","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/06\/26\/digital-commodities-secures-3-million-to-expand-bitcoin-holdings\/"},"modified":"2025-06-26T20:31:15","modified_gmt":"2025-06-27T01:31:15","slug":"digital-commodities-secures-3-million-to-expand-bitcoin-holdings","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/06\/26\/digital-commodities-secures-3-million-to-expand-bitcoin-holdings\/","title":{"rendered":"Digital Commodities Secures $3 Million To Expand Bitcoin Holdings"},"content":{"rendered":"

[ad_1]
\n<\/p>\n

\n

Digital Commodities Capital Corp. (CSE: DIGI) has announced<\/a> a non-brokered private placement of up to 20 million units at $0.15 per unit, targeting $3 million in gross proceeds. Each unit includes one common share and one common share purchase warrant, with proceeds to be used specifically for expanding the company\u2019s Bitcoin treasury holdings.<\/p>\n

\n
\n
\n

\ud83d\udea8JUST IN: \ud83c\udde8\ud83c\udde6Digital Commodities announces $3 Million Unit Financing to grow #Bitcoin<\/a> Asset Base. They started their Bitcoin Treasury earlier this week with 2 BTC. pic.twitter.com\/lzCaF8GdtZ<\/a><\/p>\n

\u2014 NLNico (@btcNLNico) June 25, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

The announcement follows the company\u2019s recent move<\/a> to convert its XRP holdings into Bitcoin. As of June 23, Digital Commodities now holds two BTC at an average cost of US$101,365 per BTC.<\/p>\n

\u201cThis $3 million financing is a significant step in our strategy to build a meaningful, treasury-grade Bitcoin<\/a> position,\u201d said the CEO of Digital Commodities Brayden Sutton. \u201cAs long-time participants in digital asset markets \u2014 and with deep conviction in Bitcoin\u2019s role as a store of value and hedge against inflation \u2014 we believe this capital will drive sustainable long-term value for our shareholders. We remain focused on building high-quality BTC exposure through a disciplined, transparent, and non-dilutive approach.\u201d<\/p>\n

The company noted that the warrants may be subject to acceleration if shares of Digital Commodities trade at or above $0.45 for 10 consecutive trading days. In that event, the company may, via news release, accelerate the warrant expiry to 30 days from the date of notice.<\/p>\n

\u201cThis is the next step in our long-term digital asset strategy,\u201d stated Sutton. \u201cWe believe swapping XRP for Bitcoin improves our position considerably. We view Bitcoin as the most durable, liquid, and institutionally recognized digital asset in the market today. Our goal is to continue building exposure to Bitcoin in a deliberate, non-dilutive fashion\u2014while also accelerating this momentum through creative, non-dilutive acquisitions already in motion.\u201d<\/p>\n

Proceeds from the financing will be used to increase the company\u2019s Bitcoin treasury<\/a> holdings, further supporting its digital asset strategy. Finder\u2019s fees may be paid in connection with the placement, in line with Canadian Securities Exchange (CSE) policies.<\/p>\n

\u201cSecurities issued under the Financing will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws and a concurrent four month hold period imposed under CSE policies, in each case, commencing on the date of issuance,\u201d the press release mentioned.<\/p>\n<\/div>\n