DigitalX Limited reported a narrower half-year loss and increased revenues, underpinned by a strategic pivot to a Bitcoin-first treasury model and operational cost discipline.
- Half-year loss narrowed to $1.7 million from $2.4 million
- Revenue rose 7% to $1.86 million driven by Sell My Shares and Asset Management
- Digital asset holdings increased to $77.4 million, including 503.69 BTC exposure
- Raised $20.7 million in July 2025 capital placement to fund Bitcoin acquisitions
- Launched $30 million strategic investment program targeting digital asset infrastructure
Financial Performance and Revenue Growth
DigitalX Limited has reported a half-year loss of $1.7 million for the six months ending 31 December 2025, marking a significant improvement from the $2.4 million loss recorded in the prior corresponding period. This progress was supported by a 7% increase in revenue to $1.86 million, primarily driven by growth in its Sell My Shares platform and Asset Management divisions.
The company’s disciplined approach to cost management resulted in a 13% reduction in operating expenses, contributing to a leaner and more scalable operating model. This operational reset has positioned DigitalX to pursue sustainable growth and enhanced shareholder returns.
Strategic Shift to Bitcoin-First Treasury
DigitalX continued its strategic repositioning as a Bitcoin-first treasury company, expanding its digital asset holdings to $77.4 million. This portfolio includes direct and indirect exposure to 503.69 Bitcoin, alongside 20,521 Solana tokens valued at $3.4 million. The company’s treasury strategy is supported by a $20.7 million capital raise completed in July 2025, which funded significant Bitcoin acquisitions and bolstered working capital.
In addition to accumulation, DigitalX is exploring delta-neutral strategies to enhance capital efficiency and generate recurring revenue without increasing directional market exposure. These initiatives aim to strengthen resilience across market cycles while maintaining disciplined risk management.
Business Unit Highlights and Market Context
The Sell My Shares division underwent an operational reset focused on improving internal controls and cost discipline, resulting in a more scalable platform for share brokerage services. Despite broader market volatility, this unit remains a key contributor to revenue and cash flow generation.
Meanwhile, DigitalX’s Asset Management arm managed the DigitalX Bitcoin ETF (BTXX) and DigitalX BTC Fund, both reflecting the broader digital asset market’s consolidation and volatility. The ETF’s assets under management stood at $47.7 million, delivering a negative return aligned with Bitcoin’s price movements during the period.
Governance and Leadership Enhancements
To support its evolving strategy, DigitalX established a Strategic Advisory Board in August 2025, appointing industry veterans Yat Siu and Hervé Larren to provide guidance on global digital asset markets and capital positioning. Leadership changes included the appointment of William Hamilton as General Manager, bringing expertise in digital asset markets and operational discipline.
Looking Ahead: Strategic Investment Program
Post-reporting period, DigitalX announced a $30 million strategic investment acquisition program targeting digital asset infrastructure and Bitcoin-aligned opportunities. This program signals a broadening of the company’s capital allocation framework beyond Bitcoin accumulation, aiming to deploy capital into businesses with strong unit economics and visible revenue streams.
DigitalX maintains a debt-free balance sheet and continues to focus on disciplined execution, prudent capital deployment, and building diversified pathways to long-term shareholder value amid ongoing digital asset market volatility.
Bottom Line?
DigitalX’s refined treasury and investment strategies set the stage for navigating digital asset volatility while pursuing sustainable growth.
Questions in the middle?
- How will DigitalX’s new strategic investment program impact its risk profile and revenue streams?
- What are the prospects for DigitalX’s delta-neutral strategies in enhancing capital efficiency?
- How might evolving regulatory frameworks influence DigitalX’s asset management and treasury operations?