DigitalX reports $65M Treasury holdings at the end of 2024

DigitalX (ASX:DCC) announced the valuation of its treasury holdings and fund information as of Dec. 31, 2024.

The company reported total treasury holdings valued at $65 million, with a diversified portfolio including digital assets such as Bitcoin, Solana, and Ethereum.

The company's treasury portfolio consists of Spot Bitcoin valued at $12.1 million, representing 18.6% of the total holdings, and Spot Solana and Ethereum amounting to $4.6 million and A$0.7 million respectively.

A significant portion, $29.5 million (45.4%), is in DigitalX Bitcoin ETF Units, while cash at the bank stands at $12.4 million.

"Our Treasury strategy expanded with the inclusion of Solana," said Greg Dooley, Interim CEO of DigitalX.

“This significant investment enables the company to pivot toward staking as a primary method of generating yield,” Dooley added.

The investment in staking includes $5.3 million staked in Ethereum and Solana validators, supporting the growth of decentralised ecosystems.

Additionally, DigitalX expects to recover 41.98 Bitcoin from the Mt Gox administrators in 2025. DigitalX’s Bitcoin ETF increased by 2.0% in December, while the DigitalX Fund faced a 1.0% decline.

Both funds still managed to outperform traditional indices significantly over the year.