DV8 has completed its first capital increase since undergoing a strategic shift to the first crypto -treasury company of Southeast -Asia, according to a file released on July 16, about Thb 241 million (approximately $ 7.4 million).
The financing round ended with a exercise percentage of 99.9%, which marks a critical voice of trust from existing shareholders in the long -term long -term model of the company.
The increase resulted in 301,491.057 new shares issued by the exercise of DV8-W2-Warrants, at a exercise price of 0.80 baht per share. The remaining non -excited command was a total of only 345,930 units. DV8 reported a growth of 38% in its money treasure box and an increase of 13% in the return per share after the round.
Who is DV8?
The DV8 sign has previously indicated that his intention to replicate strategy style strategies in company financing, aimed at Bitcoin accumulation and making digital asset value. The company’s treasury model is tailored to the wider Pivot led by a regional consortium of crypto-oriented investors, including Metaplanet, Sora Ventures, Kliff Capital and others, who recently copied the Thai listed electronics and retail company via a voluntary offer.
Metaplanet, the Tokyo-based public company that emerged as one of the world’s largest Bitcoin holders of companies after his own conversion of the treasury, has become a leading reference point for the transition from DV8. The shares of the Japanese company rose by more than 11,000% in its Treasury -Pivot, which strengthens the attraction of this strategy among companies that explore alternative financial models in Asia.
The transformation of DV8 is also powered by a leadership revision led by the Thai businessman Chatchaval Jiaravanon, internationally known for acquiring Fortune Magazine. His appointment as chairman was part of a broader recasting of the board aimed at repositioning DV8 as a crypto-financial infrastructure company aimed at Southeast Asian markets.
Recent movements of the consortium, such as the acquisition of Seoul-based SGA Co. To support new digital assets companies, signaled efforts to institutionalize the adoption of crypto treasury in the region. Investors have emphasized their interest in expanding to the Philippines, Vietnam, Indonesia and Malaysia by collaborating with executionary local companies.
The THB 241 million increase represents the first major liquidity infusion in DV8 since the crypto -pivot and will be used to speed up its operational transformation. According to the company, the capital lays the foundation for implementing its long -term strategy for digital assets and serves as a template for future financing rounds that are bound to the expansion of the treasury.
