Tag: FAAS Stock Price

  • DigiAsia Corp. (FAAS) Soars Over 50% in Pre-Market After Announcing 0M Bitcoin Treasury Initiative

    DigiAsia Corp. (FAAS) Soars Over 50% in Pre-Market After Announcing $100M Bitcoin Treasury Initiative

    DigiAsia Corp. (NASDAQ: FAAS) exploded onto traders’ radars Tuesday morning as shares rocketed 52.07% to $1.00 in pre-market trading, riding an extraordinary volume spike of nearly 40 million shares. The surge follows a bold announcement from the company—one that could significantly reshape its future and elevate its status among tech-forward financial firms.

    A $100 Million Bet on Bitcoin

    The buzz stems from DigiAsia’s ambitious new $100 million Bitcoin treasury initiative. The fintech company revealed plans to begin acquiring Bitcoin as a core treasury asset and is now in the final stages of selecting investment banks to structure and lead the capital raise. That decision is expected within the week, signaling that DigiAsia is wasting no time bringing this strategy to life.

    What sets this initiative apart isn’t just the size—$100 million is one of the largest corporate crypto treasury commitments announced so far in 2025—but also the complexity and structure of the plan. The company intends to raise capital using a multi-channel approach: equity-linked offerings, convertible notes, crypto finance instruments, and strategic partnerships. This is far more than a speculative crypto play—it’s a sophisticated move aimed at integrating Bitcoin into the company’s long-term financial framework.

    Beyond Hype: A Strategic Shift

    According to DigiAsia, Bitcoin purchases are set to begin in Q3 2025, placing it at the forefront of publicly traded companies embracing crypto as a strategic treasury asset. The move is not only a statement of belief in the future of digital currencies but also a calculated hedge, particularly relevant for a fintech operating across Asia’s emerging markets, where currency volatility remains a concern.

    By actively managing Bitcoin within a yield-generating structure, DigiAsia appears to be building a full-stack crypto treasury operation, not simply storing coins on a balance sheet. This could potentially allow the company to tap into DeFi and blockchain finance opportunities, amplifying its treasury performance while aligning with its broader digital financial services mission.

    Why Investors Are Watching

    For traders and investors, the announcement has lit a fire under FAAS stock. The sheer volume and magnitude of the price movement suggest not only retail excitement but likely institutional interest as well. With crypto once again making headlines and public companies exploring deeper integrations, DigiAsia’s proactive stance makes it a stock to watch in the coming quarters.

    Bottom Line:

    DigiAsia Corp.’s massive pre-market rally is more than just hype—it’s a response to a bold, strategic pivot into Bitcoin-backed finance. With a $100 million initiative, a sophisticated capital structure, and a fast-moving timeline, FAAS is aiming to position itself as a crypto-integrated fintech leader. As Bitcoin adoption continues to grow among corporations, DigiAsia’s early and aggressive entry could offer both risk and reward for forward-looking investors.

  • DigiAsia (FAAS) Sees Stock Jump Following Acquisition News

    DigiAsia (FAAS) Sees Stock Jump Following Acquisition News

    On Wednesday, the value of DigiAsia Corp. (NASDAQ: FAAS) shares increased significantly on the US stock charts, closing at $2.26 after climbing 30.64%. A significant contributing factor to this notable gain has been the announcement of an acquisition proposal, which has sparked investor interest and market speculation.

    DigiAsia Entered Into Definitive Agreement After An Acquisition Proposal

    A legally binding term sheet has been signed by DigiAsia’s Singapore-based wholly-owned subsidiary, DigiAsia Bios Pte Ltd., regarding a possible purchase by PayMate India. Reputable investors like Visa and Lightbox support DigiAsia Bios as a top Fintech-as-a-Service (FaaS) provider in Indonesia, while PayMate is a notable participant in B2B payment solutions.

    The proposed transaction values DigiAsia’s business at an enterprise worth of approximately $400 million. Following the acquisition, PayMate plans to invest up to $25 million in cash, with financing structures to be mutually agreed upon.

    FAAS Will Conduct Due Diligence Process Jointly With PayMate

    Both companies will engage in a collaborative due diligence process, which will involve identifying the appropriate transaction structure, negotiating definitive agreements, and obtaining the necessary corporate and regulatory approvals. This phase is expected to last up to 60 days, after which PayMate aims to initiate steps for listing the combined entity in India.

    Partnerships for Financial Inclusion via Strategy

    DigiAsia has also recently teamed up with PT Jalin Pembayaran Nusantara, a division of Indonesia’s state-owned commercial holding company Danareksa, in an effort to expand its operations. With an emphasis on impoverished populations, the alliance aims to raise financial inclusion in Indonesia.

    The cooperation seeks to create novel financial solutions by utilizing DigiAsia’s (FAAS) Embedded Fintech as a Service platform together with Jalin’s vast network of over 52,000 ATMs. When taken as a whole, these programs should empower Indonesian consumers and merchants financially, greatly improving the country’s digital finance environment and stimulating regional economic growth.