Mr. Brayden Sutton reports
DIGITAL COMMODITIES INCREASES BITCOIN HOLDINGS THROUGH PURPOSE BITCOIN ETF INVESTMENT
Digital Commodities Inc. has increased its bitcoin exposure through the purchase of 17,023 units of the Purpose Bitcoin ETF (Toronto Stock Exchange: BTCC) at an average price of $20.79 per unit, representing a total investment of approximately $354,000. This purchase adds the equivalent of 2.2 bitcoin (BTC) to the company's holdings.
This acquisition represents an average underlying bitcoin purchase price of approximately $115,000 (U.S.) per BTC, inclusive of all costs and fees and was executed through the Toronto Stock Exchange. The transaction aligns with Digital Commodities' continuing strategy of building exposure to scarce, non-fiat assets that can serve as both stores of value and hedges against monetary debasement.
Following this transaction, Digital Commodities' total bitcoin exposure, both directly and via exchange-traded funds, now exceeds 13 bitcoin (BTC).
"This investment reflects our continued conviction in bitcoin's long-term relevance as a resilient asset class," said Brayden Sutton, chief executive officer of Digital Commodities. "We remain confident in its role as a core digital store of value, and we'll continue to build disciplined exposure to both bitcoin and other hard assets that align with our long-term investment philosophy."
About Digital Commodities Inc.
Digital Commodities is an investment company focused on bitcoin, gold and strategic holdings in select public and private companies. The company's mission is to build long-term value through disciplined exposure to scarce, non-fiat assets that serve as reliable stores of value and hedges against monetary debasement.
We seek Safe Harbor.
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