Digital Commodities invests $354,000 in bitcoin ETF

Executive Summary

• Digital Commodities Inc. increased its Bitcoin exposure by purchasing 17,023 units of the Purpose Bitcoin ETF (BTCC) for approximately $354,000.
• The acquisition adds the equivalent of 2.2 BTC to the company's holdings, bringing total direct and ETF-based Bitcoin exposure to over 13 BTC.
• The transaction was executed at an average underlying Bitcoin purchase price of approximately $115,000 USD per BTC.

Key Details

• Transaction Volume: 17,023 units of the Purpose Bitcoin ETF (Toronto Stock Exchange: BTCC).
• Purchase Price: Average of $20.79 per unit.
• Total Investment: Approximately $354,000.
• Bitcoin Equivalent: 2.2 BTC added to holdings.
• Underlying BTC Cost Basis: Approximately $115,000 USD per BTC (inclusive of all costs and fees).
• Execution Venue: Toronto Stock Exchange.
• Post-Transaction Holdings: Total Bitcoin exposure (direct and via ETFs) now exceeds 13 BTC.
• Strategic Rationale: Alignment with the company's strategy of building exposure to scarce, non-fiat assets as stores of value and hedges against monetary debasement.

Notable Quotes

• "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."