DelphX Provides Strategic Update on Bitcoin Initiative and Institutional Financing Progress

Executive Summary

• DelphX Capital Markets Inc. is in final‑stage talks with a leading global digital‑asset lender to secure a senior secured loan for its Bitcoin treasury program.
• The company is also structuring a convertible debenture offering of roughly USD $18 million to complement the senior facility.
• Initial deployment target for the treasury strategy is about USD $50 million, to be acquired via monthly tranches under a rules‑based program.

Key Details

• Senior secured lending facility: discussions ongoing; intended as primary capital source for Bitcoin acquisition program.
• Convertible debenture offering: approximately USD $18 million sought; details pending final structuring and investor commitment.
• Capital deployment plan: target of USD $50 million to be purchased in systematic monthly tranches, reducing timing risk and discretionary trading exposure.
• Strategy differentiation: combines proprietary Quantem Collateralized Securities (QCS) platform with structured, risk‑managed Bitcoin exposure, aiming to avoid dilution‑heavy equity models.
• Credit Rating Security (CRS) product: renewed market interest due to widening high‑yield credit spreads; discussions underway for potential sales.

Notable Quotes

“This strategy is a natural extension of DelphX’s longstanding focus on blockchain‑based financial innovation,” said Patrick Wood, CEO of DelphX. “We are not simply accumulating Bitcoin; we are building a structured, risk‑managed treasury model that reflects the standards of institutional capital markets while showcasing the capabilities of our proprietary technology.”