NEW YORK, June 25, 2026 (GLOBE NEWSWIRE) —
DigitalCurrency Each Unit consists of one Class A common stock, par value $0.0001 per share (a “Common Share”) and three warrants (a “Warrant”). The purchase price per unit is US$2.11, and the exercise price of the stock acquisition rights is US$2.11 per share (subject to adjustments specified in the rights), and will be exercisable on or after June 24, 2026, and will expire three years from that date. The Company intends to use the proceeds of the Private Placement for working capital and general corporate purposes, including continuing to execute its digital asset treasury strategy and expanding its newly formed AI cloud computing services business, to further diversify the Company’s revenue base.
The transaction marks the company’s strategic transition from its traditional electric vehicle manufacturing business to a focus on digital asset finance and technology businesses. By accepting Bitcoin, Ethereum, and other agreed-upon digital assets as payment for units, DCX aligns its funding structure with assets the company already owns, manages, and has stakes in, allowing it to directly grow its digital asset treasury rather than solely through open market purchases with cash proceeds.
“This financing is structured to fit with the way we operate as a financially focused company,” said Melissa Chen, CEO of DCX. “Investors can subscribe to the same digital assets that we own and manage, allowing them to build balance sheets without having to force conversion through the market.”
About Digital Currency X Technology Inc
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Digital Currency X Technology Inc. (Nasdaq: DCX) is a pioneering digital asset financial management company focused on developing innovative infrastructure for secure cryptocurrency custody and custody solutions. We strategically position ourselves at the forefront of institutional digital asset adoption. We are implementing a comprehensive digital currency strategy that includes treasury optimization, participation in the decentralized finance (DeFi) ecosystem, and development of advanced custodial infrastructure.
Forward-looking statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the anticipated closing of the Private Placement, the anticipated use of proceeds, the amount of proceeds that may be raised, and the Company’s digital asset financial strategy and business plans. These statements involve known and unknown risks, uncertainties and other factors. This includes, among other things, our ability to satisfy the conditions to the closing and consummation of the offering; Final number of units sold. Volatility and price fluctuations of Bitcoin, Ethereum and other digital assets. Risks associated with digital asset storage, staking, blockchain networks, and smart contracts. Our business experience in the digital asset field is limited. The evolving regulatory environment for digital assets. Additionally, our ability to maintain compliance with Nasdaq’s continued listing standards may cause our actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Investor information contact:
Matthew Avenante, IRC
president
Strategic Investor Relations, LLC
Phone: 347-947-2093
Email:
[email protected]
