Opyl Boosts Digital Innovation With Strategic Bitcoin Acquisition

MT Newswires Live
26 Jun

Opyl (ASX:OPL) has advanced its digital transformation by acquiring about two bitcoins for around AU$330,000 via the DigitalX Bitcoin exchange-traded fund listed on the Australian Securities Exchange, according to a Thursday filing with the Australian bourse.

This step strengthens its treasury diversification and commitment to forward-looking capital allocation, the filing said.

Non-Executive Director Antanas Guoga will provide Opyl with a non-dilutive AU$2 million finance facility secured against bitcoin holdings, offering flexible, commercial-term funding over two years to support the company's growth and strategic initiatives, the filing added.

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