02:13 PM EDT, 06/25/2025 (MT Newswires) -- Digital Commodities Capital ( DGCMF ) on Wednesday said is seeking $3 million in a non-brokered private placement of share units.
The placement will offer up to 20-million units priced at $0.15 each and made up of a share and a two-year warrant to buy a second share for $0.30.
Proceeds from the financing will be used to increase the company's Bitcoin treasury holdings, "furthering its strategic focus on high-quality digital asset exposure".
"This $3 million financing is a significant step in our strategy to build a meaningful, treasury-grade Bitcoin position," said Chief Executive Officer Brayden Sutton. "As long-time participants in digital asset markets - and with deep conviction in Bitcoin's role as a store of value and hedge against inflation - we believe this capital will drive sustainable long-term value for our shareholders. We remain focused on building high-quality BTC exposure through a disciplined, transparent, and non-dilutive approach."
The company's shares were last seen up $0.005 to $0.11 on the Canadian Securities Exchange.
Price: 0.11, Change: +0.01, Percent Change: +4.76