The Digiasia Corp Indonesian fintech company, which shares of which are quoted on the NASDAQ Stock Exchange, announced to attract $ 100 million to create its own bitcoin reserve.

As the reason for the creation of Bitcoin reserve, representatives of the company called the growing tendency to diversify their assets due to cryptocurrency among public organizations and investment funds.

“We believe that bitcoin is an attractive long -term investment and the fundamental level of modern diversification. This step reflects our wide commitment to the fintech and innovation in the field of blockchain, ”said the board of directors Digiasia.

The company said that it undertakes to spend at least 50% of net profit on the acquisition of the first cryptocurrency and evaluates the possibility of issuing convertible bonds or crypto-financial instruments associated with the reserve of bitcoin.

In addition, DigiasIA It plans to introduce strategies aimed at increasing the profitability of investment in cryptocurrency, in particular, lending and stakeing.

Earlier, the analysts of the JPMorgan banking holding reported that by the end of the year the first cryptocurrency could get ahead of gold growth rate – thanks to the purchase of large companies and support from the authorities of some American states.