15 Januari 2026
Shares of Indonesian company DigiAsia have surged as much as 90% after the company announced plans to raise $100 million to buy Bitcoin. DigiAsia says this will be the “first of many” Bitcoin purchases.
The Jakarta-based company, which is listed on the US Nasdaq, now wants to reserve 50% of its profits for buying Bitcoin.
Explosive price increase and volatility
On May 19, DigiAsia Corp (FAAS) stock soared, closing the day up 91% at $0,36. However, the stock fell 22,6% in after-hours trading.
Since the beginning of the year, the stock price is still down 53%. In March 2024, the price was still close to $12. This suggests that DigiAsia may not be the most stable company to invest in Bitcoin.
DigiAsia Financial Situation
However, according to the latest financial figures, the company is doing quite well. Revenue increased by 2024% to $36 million in 101, and a growth of 2025% is expected for 24. Pre-tax profit is estimated at $12 million. While these figures do not immediately make DigiAsia a major challenger for investors like Michael Saylor, they are certainly not bad.
More and more companies are choosing Bitcoin
More and more companies are following Strategy's lead, which now owns 576.230 Bitcoin, representing nearly 3% of the 21 million Bitcoin that will ever be available.
Adam Back, founder of Blockstream and mentioned in Satoshi Nakamoto's Bitcoin whitepaper, expects this trend could push Bitcoin's market cap to between $100 and $200 trillion.
According to Back, Bitcoin is currently too small to attract large companies en masse, but that will change in the future.
Bitcoin (BTC)
Ethereum (ETH)
XRP (XRP)
