Australian cryptocurrency asset management company DigitalX's total assets have risen to 60.7 million Australian dollars

Australian cryptocurrency asset management company DigitalX released its quarterly report for September. As of September 30, the company's total cash, digital assets, and investments reached 60.7 million AUD, an increase of approximately 5.8 million AUD compared to the previous quarter; cash and cash equivalents rose to 32.3 million AUD, with no debt, primarily due to the sale of 80 bitcoins and other digital asset disposals in July.

The Bitcoin strategic treasury holds approximately 26.5 million AUD, including 30 bitcoins directly held, as well as about 22.9 million AUD in DigitalX Bitcoin Fund units. The company completed an on-market buyback of 120 million shares, returning 3.1 million AUD to shareholders, with the buyback price at a discount of about 30% to the net asset value, and plans to seek approval for another buyback of 120 million shares at the shareholder meeting on November 26.

The DigitalX Bitcoin ETF achieved a quarterly return of 42%, with net assets rising to 45 million AUD. The company plans to continue its 30 million AUD investment acquisition plan in AI and blockchain. Additionally, on October 16, it sold approximately 30 bitcoins at an average price of about 82,000 USD per bitcoin.