3 days ago
DCC targets 2100 BTC by 2027
The '21 Hundred' strategy formalises DigitalX's Bitcoin-first treasury approach
Plan targets more than 300% growth in holdings within two years
Multiple funding pathways explored, strategic capital raising, debt instruments and other methods
Special Report: DigitalX has unveiled an ambitious plan to expand its Bitcoin holdings from approximately 500 BTC to 2,100 BTC by the end of 2027, underscoring its conviction that Bitcoin is the premier long-term store of value.
The '21 Hundred' strategy cements Bitcoin's role in the company's treasury policy, aligning DigitalX (ASX:DCC) with major global firms that have embraced Bitcoin as a strategic reserve asset.
Why Bitcoin?
According to DigitalX, a Bitcoin-focused treasury offers several key advantages:
A hedge against inflation, with Bitcoin's fixed supply of 21 million likened to 'digital gold'.
Strategic optionality, with holdings allowing the company to respond swiftly to emerging digital asset opportunities.
Liquidity and balance sheet strength – Bitcoin remains one of the most liquid digital assets worldwide.
Interim CEO Demetrios Christou said the move was a natural evolution for the business.
'Our decision to pursue our 21 Hundred Bitcoin accumulation strategy is consistent with our historical business and underscores our ongoing belief in Bitcoin as an investment asset with significant long-term appreciation potential.'
Chairman Leigh Travers added, 'Bitcoin stands as the digital equivalent of gold; resilient, scarce, and primed for growth amidst increasing global adoption. This strategy not only fortifies our balance sheet but also aligns us with visionary companies spearheading corporate Bitcoin adoption.'
Funding the growth
The company aims to increase its 'Bitcoin per share' and Bitcoin Yield % by converting existing digital assets into Bitcoin, exploring debt instruments such as convertible notes or bonds, utilising 'At the Market' facilities, issuing preferred equity or conducting strategic capital raises, and leveraging operating revenue and option conversions.
And its conviction in Bitcoin has already delivered strong results for investors.
According to InvestSMART, the DigitalX Bitcoin ETF (ASX: BTXX) was the best-performing exchange-traded fund in Australia for the 12 months to 30 June 2025, delivering a 95.5 per cent return.
That performance placed it well ahead of all other ETFs in the market and highlights the company's expertise in Bitcoin investment and treasury management.
Risk and reward
While the company acknowledges risks such as Bitcoin price volatility, leverage exposure, custodial security, and access to capital markets, it notes that peer companies globally pursuing a similar strategy often achieve a market multiple of net asset value above 1.5x.
Looking ahead
DigitalX also plans to explore new revenue streams, including earning yield on a portion of its Bitcoin holdings and potentially acquiring cash-generating businesses using Bitcoin as collateral.
The move builds on DigitalX's history in Bitcoin innovation, from mining and trading to launching Australia's first ASX-listed spot Bitcoin ETF.
With the 21 Hundred strategy in motion, the company is positioning itself as the market leader for Bitcoin treasury management on the ASX.
This article was developed in collaboration with DigitalX, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
