Indonesian fintech company DigiAsia (NASDAQ: FAAS) announced plans to raise $100 million to purchase Bitcoin and will use up to 50% of its net profits in the future to continue increasing its Bitcoin holdings. DigiAsia stated that it is exploring ways to earn returns on its Bitcoin holdings through regulated partners via lending and staking, and is considering the issuance of convertible notes or encryption financial instruments related to its Bitcoin holdings. (Cointelegraph)

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