Stock Spotlight: DigitalX Limited (ASX:DCC)

This week's Stock Spotlight is ASX-listed DigitalX Limited.


About DigitalX Limited.


DigitalX Limited provides blockchain product development in Australia. The company operates through Product Development and Asset Management segments. The Product Development segment provides consulting, technical due diligence, and design and development solutions to businesses. This segment also develops blockchain, RegTech, and FinTech products. The Asset Management segment operates digital assets portfolio under the DigitalX Fund and DigitalX BTC Fund for high net worth and institutional investors. Its products include Drawbridge, a regtech solution that supports listed companies to manage their compliance; and Sell My Shares, an online share sales solution. The company was formerly known as Digital CC Limited and changed its name to DigitalX Limited in December 2015. DigitalX Limited was incorporated in 1988 and is based in West Perth, Australia.


Source: Yahoo Finance



Key Stats

Source: Yahoo Finance, ASX. Data as of 05/12/24.


Price Performance

Growth Potential


DigitalX Ltd has significant growth potential due to its strategic focus on blockchain technology and digital asset management. The rising price of Bitcoin (BTC) positively impacts DigitalX's performance, as the company manages funds heavily invested in digital assets. Additionally, DigitalX's pioneering initiatives, such as the first Australian-domiciled spot Bitcoin ETF, position it well for future expansion in the digital assets space.


Bitcoin Price

The strong performance of Bitcoin boosts the returns of DigitalX's funds, enhancing its attractiveness to investors. Michael Saylor, the executive chairman of MicroStrategy, has made some bold predictions about Bitcoin's future price. He believes that Bitcoin could reach $100,000 by the end of 2024 and has a long-term target of $13 million per Bitcoin over the next 21 years. Saylor's confidence in Bitcoin's potential is driven by his belief in its superiority as a store of value compared to traditional assets and the increasing institutional adoption of Bitcoin.


Bitcoin are supported by several key factors:

  • Increased Adoption: Saylor believes that as more institutional investors and corporations adopt Bitcoin, its demand will rise significantly. This increased adoption is expected to drive up the price over time
  • Lower Volatility: Saylor predicts that as Bitcoin's investor base expands, its volatility will decrease. He argues that a more stable Bitcoin will attract even more investors, further boosting its price
  • Regulatory Environment: Saylor is optimistic about the regulatory landscape becoming more favorable for Bitcoin. He points to potential pro-Bitcoin policies, especially with Republican control in Washington, which could lead to legislation supporting the cryptocurrency industry
  • Strategic Bitcoin Reserve: Saylor supports the idea of a U.S. strategic Bitcoin reserve, which he believes could strengthen the nation's economic leadership and drive Bitcoin's value higher
  • Wall Street Support: Saylor highlights the constructive support from major financial institutions like BlackRock, which have been vocal about Bitcoin's value proposition. This backing from Wall Street is seen as a significant bullish factor
  • MicroStrategy's Aggressive Acquisitions: Under Saylor's leadership, MicroStrategy has been aggressively acquiring Bitcoin, which not only boosts the company's holdings but also signals strong institutional confidence in Bitcoin's future value


Valuation by Brokers

Morningstar and other brokers have provided favourable valuations for DigitalX, with Morningstar estimating a fair value of AUD 0.11 per share, indicating potential upside from its current trading price.


Funds Under Management

DigitalX manages substantial funds, including the DigitalX Fund and the DigitalX BTC Fund, which have consistently delivered market-leading returns. For example, The DigitalX Bitcoin Fund (“DXBF”) rose 33.8% last month and is now up 133.0% on a calendar year to date basis.


Recent Announcement

DigitalX recently announced that its Bitcoin and digital asset exposure grew significantly in November 2024. This growth was driven by increased subscriptions to the DigitalX BTC Fund, which now stands at AUD 47.6 million. This announcement underscores the growing investor confidence in DigitalX's management of digital assets and its ability to attract substantial investments.

Key Risks


  • Cash Burn: DigitalX has a relatively high cash burn rate, which could be concerning if not managed properly. The company had approximately 16 months of cash runway as of June 2024, indicating the need for careful financial management to avoid running out of funds. However, recent changes in leadership has seen cost cutting and revenue increasing activities across the company
  • Market Volatility: The cryptocurrency market is highly volatile, and fluctuations in Bitcoin and other digital asset prices can significantly impact DigitalX's performance.
  • Regulatory Risks: Changes in global regulations regarding digital assets and blockchain technology could pose challenges for DigitalX, affecting its operations and growth prospects.

Subscribe to our newsletter

Disclaimer: This article does not constitute financial advice nor a recommendation to invest in the securities listed. The information presented is intended to be of a factual nature only. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing.

Is a Share Advisor

right for you?

Stock Spotlight: SAP SE (NYSE:SAP)

By Studiohawk Studiohawk • July 30, 2025
About SAP SE SAP SE, together with its subsidiaries, provides enterprise application and business solutions worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR, time, payroll, talent and employee experience management, and analytics and planning; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management. The company also provides SAP customer experience solutions; SAP Business Technology platform that enables customers and partners to build, integrate, and automate applications; and SAP Business Network, a business-to-business collaboration platform that helps digitalize key business processes across the supply chain and enables communication between trading partners. In addition, it offers SAP Signavio to help customers to discover, analyze, and understand their business process operations; industry solutions that provides customers and partners with industry-specific solutions; and SAP LeanIX to visualize their as-is enterprise architecture, assess interdependencies and the potential impact of IT modernization, and manage the transition toward the target landscape with established practices and a detailed roadmap. Further, the company provides WalkMe to execute workflows across various number of applications; SAP Enable Now, which offers e-learning content embedded in SAP workflows; Taulia solutions for working capital management to help businesses create and deliver the right cash flow strategy, and the flexibility to adjust it to meet liquidity challenges; and sustainability solutions and services. Additionally, it provides services and support solutions. SAP SE was founded in 1972 and is headquartered in Walldorf, Germany. Key Stats

Stock Spotlight: Netflix Inc (NASDAQ:NFLX)

July 28, 2025
This week's Stock Spotlight is NASDAQ-listed Netflix Inc. About Netflix Inc. Netflix, Inc. provides entertainment services. The company offers television (TV) series, documentaries, feature films, and games across various genres and languages. It also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. The company operates approximately in 190 countries. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California. Source: Yahoo Finance Key Stats

Stock Spotlight: Region Group (ASX:RGN)

July 28, 2025
About Region Group Region Group is an internally managed real estate investment trust (REIT) with 92 convenience-based retail properties, valued at $4,368 million. We remain the largest owner of convenience-based retail centres with 7% share of the market, which is dominated by private owners. This asset class has proven to be resilient due to its exposure to nondiscretionary retail categories, including long leases with grocery-based anchor tenants. Region (originally SCA Property Group ASX: SCP) was created out of Woolworths Group Limited (Woolworths) in late 2012, when ownership in a number of retail properties was transferred. Since our announcement in November 2022, we have been operating under our new name, Region Group (ASX: RGN). Our portfolio benefits from long leases to Woolworths and Coles Group Limited (Coles), which act as our anchor retail partner at more than 96% of our properties. At the heart of our strategy are our customers. This means the places we create will deliver both a practical and positive experience, as we work to be the first choice for essentials at a place nearby. Operating responsibly is of great importance to our business, our communities and our security holders, and we are well placed in delivering our environmental, social and governance commitments. The value of our business is more than its physical properties. It lies in the wellbeing of our people and the prosperity of our retailers as we work together to provide for the essential needs of our customers. Our positioning means we are resilient as a business, capable of delivering growth to our security holders, people, customers and the communities we serve. Our values are what guide us in how we deliver on our ambition. Key Stats

Stock Spotlight: JB Hi-Fi Limited (ASX:JBH)

July 28, 2025
This week's Stock Spotlight is ASX-listed JB Hi-Fi Limited . About JB Hi-Fi Limited. JB Hi-Fi Limited retails home consumer products. The company operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. It provides computers; monitors and projectors, printers and ink, data storage devices, keyboards and mice, computer accessories, as well as software, home internet and wi-fi products, and office furniture; televisions; headphones, speakers, and audio devices; and smart home appliances. The company also offers mobile phones; gaming devices; music and vinyl products; movies and TV shows; and collectibles and merchandise, including apparel and card and board games. In addition, it provides content creator gears for vloggers and influences, game streamers, podcasters, and music producers and DJs; cameras; drones and e-scooters; and fitness, health, and wellbeing products, such as smart watches, fitness trackers, massagers, health monitors, air treatment devices, sleep solutions, smart drink bottles, as well as shavers and trimmers, and hair and oral care products. Further, the company offers home appliances consisting of washers and dryers, fridges and freezers, dishwashers, vacuuming and cleaning products, small kitchen appliances, microwaves, coffee and beverages machines and accessories, hair and oral care products, shavers and trimmers, and facial cleansing and beauty products, as well as heating, cooling, and air treatment products. Additionally, it provides outdoor and travel products comprising garden and outdoor living, home security and monitoring, and travel and in-car tech solutions; action and dash cameras, binoculars, drones, and smart drink bottles; electric scooters and boards; and information technology and consulting services. It sells its products through branded retail store network comprising JB Hi-Fi/JB Hi-Fi Home stores in Australia; JB Hi-Fi stores in New Zealand; and The Good Guys stores in Australia, as well as online. The company was founded in 1974 and is based in Southbank, Australia. Source: Yahoo Finance Key Stats

Stock Spotlight: Macquarie Group Ltd (ASX:MQG)

July 4, 2025
Get the latest Macquarie Group Ltd (ASX:MQG) stock updates, technical analysis, forecasts & investment insights. See if MQG is the right stock for you.

Stock Spotlight: Westpac Banking Corporation (ASX:WBC)

July 4, 2025
Stay updated on Westpac Banking Corporation (ASX:WBC) with stock updates, technical analysis, forecasts & insights. See if WBC aligns with your investment goals.

Stock Spotlight: ANZ Group Holdings Ltd (ASX:ANZ)

May 23, 2025
Explore expert insights on ANZ Group Holdings Ltd (ASX:ANZ) stocks, including share price trends, dividends, growth potential & investment strategies.

Stock Spotlight: National Australia Bank Limited (ASX:NAB)

May 23, 2025
Discover expert insights on the National Australia Bank Limited (ASX:NAB) stock, including share price trends, financial performance & investment tips.

From Tariffs to Opportunity: How to Invest Strategically in a Shifting Global Trade Landscape

By Iqtidar Rahman • April 9, 2025
When navigating during uncertain or volatile market conditions, investment portfolios should prioritise caution and flexibility. Holding a healthy cash position is essential as the saying goes ‘cash is king’. Certainly, during frequently shifting market sentiment, facilitating readiness to act when genuine opportunities arise is crucial. For new investments, confirmation of trend reversals or stability before entering positions is a strategy to avoid catching falling knives. For new investments, waiting for confirmation of trend reversals or market stability before entering positions is a prudent strategy to avoid catching falling knives. Implementing a dollar-cost averaging (DCA) approach enables positions to be built gradually, helping to mitigate the effects of market volatility and emotional decision-making. A balanced investment strategy assists in managing risk while positioning a portfolio to capitalise on potential rebounds.

Stock Spotlight: BHP Group Limited (ASX:BHP)

April 7, 2025
Get the latest BHP Group Ltd (ASX:BHP) stock updates, technical analysis, market forecasts & investment insights. See if BHP is the right stock for you today.