SINGAPORE, June 06, 2025 — Davis Commodities (DTCK) has announced that its $30 million fundraising plan has been approved. A significant portion of these funds will be used to establish Bitcoin reserves, as part of the company’s new strategy to improve asset allocation, enhance operational flexibility, and increase confidence among its counterparties.
Davis Commodities noted that Bitcoin, often called “digital gold against inflation,” has become a prominent global cryptocurrency with substantial value as a store of wealth and potential for significant appreciation. Its limited supply of 21 million coins gives it inherent scarcity, making it a desirable asset in today’s economy. As Bitcoin gains importance in global markets, its worldwide acceptance has grown considerably. Currently ranked as the world’s fifth-largest asset, Bitcoin is showing increased liquidity and market maturity.
The company stated that this reserve strategy will utilize Bitcoin’s non-sovereign nature and its ability to hedge against inflation, creating an asset buffer that is independent of traditional fiat currency systems. By adding Bitcoin to its asset management framework, Davis Commodities intends to create a more robust and diversified portfolio.
To achieve this, the company will implement a gradual accumulation strategy, combining Bitcoin holdings, spot ETFs, and cold wallet storage to ensure both security and flexibility. Initially, 15% of the total fundraising amount, or $4.5 million, will be used to acquire Bitcoin. The company will also put in place strong risk management parameters and price volatility hedging mechanisms to lessen the impact of potential market fluctuations.
Management highlighted that as more countries integrate cryptocurrencies into their legal systems and grant stablecoins legal status, Bitcoin’s potential role in international trade transactions is expected to grow. Davis Commodities believes that Bitcoin can serve as both a long-term reserve asset and a highly liquid asset that can be quickly converted to cash when needed, supporting promising investment opportunities or addressing short-term trading needs.
The successful completion of this fundraising plan is a major step for Davis Commodities in diversifying its asset allocation and promoting digital transformation. By leveraging Bitcoin’s unique characteristics and implementing innovative risk management strategies, the company seeks to maximize asset value and support its long-term, stable growth, while remaining at the forefront of financial innovation.
About Davis Commodities Limited
Davis Commodities Limited, based in Singapore, is an agricultural commodity trading company specializing in the trade of sugar, rice, and oil and fat products in markets across Asia, Africa, and the Middle East. The Company sources, markets, and distributes commodities under its two primary brands, Maxwill and Taffy, in Singapore. Additionally, the Company offers its commodity customers complementary services such as warehouse handling, storage, and logistics. As of the fiscal year ended December 31, 2024, the Company utilizes a well-established global network of third-party commodity suppliers and logistics providers to distribute its sugar, rice, and oil and fat products to customers in over 20 countries. For further details, please visit the Company’s website: ir.daviscl.com.
CONTACT: For more information, please contact: Davis Commodities Limited Investor Relations Department Email: investors@daviscl.com Celestia Investor Relations Dave Leung Email: investors@celestiair.com
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