"DigitalX Establishes Strategic Consultative Body with Pioneering Figures in the Digital Asset Sphere"
DigitalX Embraces Bitcoin-First Strategy with New Strategic Advisory Board
DigitalX Limited, an ASX-listed company, has announced the formation of a new Strategic Advisory Board. The board, composed of industry veterans Yat Siu and Hervé Larren, aims to identify capital market opportunities for DigitalX, positioning the company for growth.
Yat Siu, Chairman of DigitalX, is a well-known figure in the blockchain and digital asset industry. His leadership steers DigitalX towards a Bitcoin-focused treasury strategy, leveraging his extensive industry experience to place DigitalX at the forefront of Bitcoin investment products on the ASX.
On the other hand, Hervé Larren, the CEO of DigitalX, is responsible for the operational execution of this strategy. Under his management, DigitalX has been actively increasing its Bitcoin treasury through significant acquisitions, direct holdings, and the management of Australia's first ASX-listed spot Bitcoin ETF (BTXX). This has resulted in measurable growth in Bitcoin per share and treasury value.
The new Strategic Advisory Board's role extends beyond capital market opportunities. It also includes providing insights on global digital asset trends, forming strategic partnerships, and positioning DigitalX for growth. Both Yat Siu and Hervé Larren have signed advisory agreements with DigitalX, further solidifying their commitment to the company's Bitcoin-first strategy.
The growing global recognition of Bitcoin as a premier treasury asset is not lost on DigitalX. The company's decision to pivot away from Solana accumulation and staking towards a pure Bitcoin-focused treasury strategy has been highlighted. This shift aligns with DigitalX's "21 Hundred" initiative, a long-term commitment to increasing Bitcoin holdings to enhance shareholder value, institutional confidence, and transparency in reporting.
The calibre of DigitalX's Strategic Advisory Board is said to reflect the strength of the company's vision. The board, which also includes Antanas Guoga (also known as Tony G), will work closely with DigitalX's directors and executive team to execute on its growth strategy and explore new opportunities in capital markets and Bitcoin innovation.
In conclusion, Yat Siu and Hervé Larren play critical roles in driving and executing DigitalX’s Bitcoin-first treasury strategy. Their roles encompass setting the company’s strategic direction and operationalizing it with continuous increase of Bitcoin holdings and transparent reporting, cementing DigitalX's position as a leading institutional-grade Bitcoin investment vehicle on the Australian Securities Exchange.
[1] DigitalX Limited - https://digitalx.co/ [2] Yat Siu - https://en.wikipedia.org/wiki/Yat_Siu [3] Hervé Larren - https://en.wikipedia.org/wiki/Herv%C3%A9_Larren [4] DigitalX's "21 Hundred" initiative - https://digitalx.co/21hundred/
- DigitalX's focus on Bitcoin-first strategy in their treasury management, driven by industry veterans like Yat Siu and Hervé Larren, is leading the company to position itself as a significant player in Bitcoin investing, leveraging technology and global trends in the digital asset market.
- Under the leadership of Yat Siu and Hervé Larren, DigitalX is actively investing in Bitcoin, increasing its holdings through strategic acquisitions, direct holdings, and the management of Australia's first ASX-listed spot Bitcoin ETF (BTXX), aiming to enhance shareholder value and transparency in reporting.
