DigiAsia Corp (NASDAQ: FAAS) announced on May 27, 2025, that it is in the final stages of shortlisting investment banks to advise on its US$100 million Bitcoin (BTC) treasury reserve initiative. The company expects to finalize the selection and formally appoint a lead investment bank within the week.
The selected investment bank will assist DigiAsia in structuring and executing a multi-channel capital raise. This includes equity-linked offerings, convertible note structures, and innovative crypto finance instruments. These strategies aim to support long-term Bitcoin holdings and generate treasury yield. DigiAsia plans to commence initial Bitcoin purchases within Q3 2025 and will provide updates on capital raise progress and BTC acquisition milestones in the coming weeks.
DigiAsia's initiative positions it as a leader among NASDAQ-listed firms integrating Bitcoin as a core treasury asset. DigiAsia Corp. (NASDAQ: FAAS) is a fintech-as-a-service (FaaS) provider using a B2B2X model in emerging markets, expanding AI-driven financial solutions across Southeast Asia, India, and the Middle East.
The company anticipates this initiative will create meaningful shareholder value through BTC capital appreciation and regulated yield generation.
This article is based on our author's analysis of materials taken from the following resources: Newsfile and GuruFocus.