Shares of DigiAsia Corp. surged by over 90% on May 19th, reflecting a significant move in the company’s capital strategy. The surge followed an announcement detailing a plan to raise more than $100 million for Bitcoin acquisitions as part of a new treasury initiative. The fintech firm from Indonesia is allocating up to 50% of its net profits towards building its Bitcoin holdings, signalling a shift in how it manages its capital amid growing interest in digital assets. The company plans to generate an additional $100 million through various funding methods and explore yield-generating strategies for its Bitcoin portfolio, including lending, staking, and issuing convertible notes and crypto-linked financial instruments.