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Techub News reports that, according to Cointelegraph, the board of the Indonesian fintech company DigiAsia Corp has approved the creation of a Bitcoin "Treasury Reserve" and "committed to using up to 50% of its net profits for the acquisition of Bitcoin." DigiAsia also stated that it will "actively explore raising up to $100 million" to initiate its Bitcoin Holdings and hopes to generate returns from its held Bitcoin through methods such as lending and staking. It has "engaged with regulated partners to discuss revenue strategies and its planned Bitcoin Holdings management" and is assessing whether to issue convertible notes or encrypted financial instruments related to its planned Bitcoin Holdings.