ASX-listed AI company Opyl Limited has purchased approximately $210,000 worth of BTC and announced the adoption of a Bitcoin financial strategy

2025-06-26 13:41:00

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ChainCatcher news, according to Decrypt, Australian artificial intelligence biotechnology company Opyl Limited, a publicly listed company on the ASX facing financial pressure, announced the adoption of a Bitcoin financial strategy, joining the growing number of publicly traded companies turning to cryptocurrency as a lifeline.

Opyl purchased approximately 2 Bitcoins, worth about $214,500, through the DigitalX Bitcoin ETF listed on the ASX. Although this amount is insignificant compared to other companies adopting the same strategy, the company stated that this move strengthens its "financial diversification" and reflects its commitment to "aligning with shareholder value creation."

The acquisition was supported by non-executive director Antanas "Tony G" Guoga, who is also the chairman of blockchain company SOL Strategies, providing non-dilutive financing. This loan can go up to $1.3 million, with an interest rate of 6.5%, secured against the company's Bitcoin holdings.

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