- DigiAsia Corp (FAAS, Financial) signs a $3 million non-recourse debt termsheet with High West Capital Partners for Bitcoin treasury acquisition.
- The move is part of a larger $100 million Bitcoin strategy announced for 2025.
- A $100 million equity raise is also underway, targeting institutional investors for long-term Bitcoin holdings.
DigiAsia Corp (FAAS), a prominent Southeast Asian Fintech-as-a-Service platform, has signed an indicative termsheet with High West Capital Partners for up to $3 million in non-recourse debt financing. This agreement is aimed at launching DigiAsia's Bitcoin treasury strategy, with the transaction expected to close within 45 days.
As part of a broader vision, DigiAsia had earlier announced a $100 million Bitcoin treasury reserve program in May 2025. This initial $3 million facility represents the first concrete step in this strategic plan. The non-recourse debt structure allows the company to procure Bitcoin without diluting the shares of current shareholders, safeguarding their existing investments.
In addition to the debt facility, DigiAsia is pursuing a $100 million equity raise through D. Boral Capital, specifically for maintaining long-term Bitcoin reserves. This two-pronged financial strategy seeks to attract institutional investors interested in regulated public market exposure to blockchain assets.
Bitcoin acquisitions are slated to begin in the third quarter of 2025. DigiAsia plans to provide further updates regarding treasury operations and custody solutions in the coming weeks, reflecting the growing institutional interest in Bitcoin as a viable treasury reserve asset.
