DigitalX Limited reports a stable Bitcoin treasury position and a modest cash decline in December 2025, alongside a positive return from its Lime Street Capital investment.
- Total treasury holdings valued at approximately A$79.5 million
- Bitcoin exposure steady at 503.7 BTC including ETF units
- Cash balance decreased modestly to A$2.8 million
- Lime Street Capital SPC investment returned +0.17% in December
- Satoshis per share metric increased slightly month-over-month
DigitalX Treasury Snapshot
DigitalX Limited has released its monthly treasury update as at 31 December 2025, revealing a robust portfolio valued at just under A$80 million. The company’s Bitcoin holdings remain a cornerstone of its treasury, with a total exposure of 503.7 BTC. This includes 308.8 BTC held directly and an additional 194.9 BTC via its ASX-listed Bitcoin ETF (BTXX). The slight increase in ETF units during the month reflects a strategic conversion of operational cash into Bitcoin exposure.
Other digital assets include 20,521.4 SOL tokens (Solana), valued at approximately A$3.8 million. These tokens are generating yield through institutional-grade staking arrangements, though most remain subject to a release schedule extending to January 2028. DigitalX plans to gradually redeploy these holdings into yield-generating strategies or further Bitcoin positions, aligning with its long-term asset management goals.
Market Conditions and Performance
December’s digital asset markets were characterised by a risk-off sentiment, with Bitcoin trading between US$84,500 and US$94,500. This range reflected typical year-end profit-taking, reduced liquidity during the holiday season, and the unwinding of leveraged positions. Despite a 25 basis point interest rate cut by the US Federal Reserve, cautious commentary tempered expectations for further monetary easing in the near term.
Against this backdrop, DigitalX’s treasury strategy demonstrated resilience. The company’s Satoshis per share; a key metric indicating Bitcoin exposure relative to shares outstanding; inched up by 0.10%, from 33.80 to 33.84. This modest gain was driven by the increased Bitcoin ETF holdings and a slight reduction in shares on issue.
Investment in Lime Street Capital SPC
DigitalX’s diversified approach includes a US$3.2 million (approximately A$4.9 million) allocation to the Lime Street Capital SPC - Digital Opportunities SP Fund. This investment returned +0.17% in December, outperforming the Bitcoin CF benchmark, which declined 4.9% in USD. The positive return came despite low trading volumes typical of year-end market conditions and holiday periods.
The company has announced that future monthly treasury reports will be released in the third week of the following month to better align with Lime Street Capital’s reporting schedule. This adjustment aims to provide more accurate and timely insights into the performance of this key investment.
Cash Position and Cost Management
DigitalX’s cash balance decreased modestly from approximately A$3.0 million in November to A$2.8 million in December. This reduction reflects ongoing cost-cutting initiatives implemented during the second quarter of 2025, signalling disciplined financial management amid a volatile market environment.
Overall, DigitalX’s December update underscores a steady hand in managing digital assets, balancing exposure to Bitcoin with strategic investments and yield-generating opportunities. The company’s approach appears calibrated to navigate the complexities of the current market while positioning for long-term growth.
Bottom Line?
DigitalX’s steady Bitcoin exposure and positive Lime Street returns set the stage for cautious optimism amid ongoing market volatility.
Questions in the middle?
- How will DigitalX adjust its Bitcoin exposure if market volatility intensifies?
- What are the long-term plans for redeploying Solana holdings into yield strategies or Bitcoin?
- How might changes in US monetary policy impact DigitalX’s treasury performance in 2026?