Today, at 01:21 PM (Bangkok time) on Tuesday, the share price of RSXYZ Public Company Limited (SET: XYZ) increased by 19.47% or THB 0.22 to THB 1.35, with a trading value of THB 39.45 million.
This development is due to XYZ’s Board of Directors having approved a capital increase through the issuance of 170 million ordinary shares via Private Placement (PP) to five strategic investors at THB 1.10 per share, raising a total of THB 187 million (approximately USD 5.8 million).
Proceeds will be allocated with approximately 90% directed toward increasing Bitcoin holdings under XYZ’s Bitcoin Treasury model, and the remaining 10% allocated toward new initiatives in BTC-related development, Web3, and token ventures.
In addition to the PP issuance, the Board also approved a General Mandate allocation of 163 million shares, providing the company with added flexibility to accelerate future fundraising and strengthen its capital base. These initiatives support XYZ’s ambition to become one of Thailand’s leading BTC treasury companies, with a target of 3,333 BTC holdings within three years.
The five PP investors are recognized and credible investors who share XYZ’s vision of Bitcoin as strategic digital capital and the backbone of the company’s future:
- Mr. Sorat Vanichvarakij
- Mr. Chalermchoke Lamsam
- Mr. Weerapat Punsak-udomsin
- Mr. Thirasak Puenngarm
- Mrs. Pairin Indasukha
The proposed capital increase will be presented for shareholder approval at the Extraordinary General Meeting (EGM) on September 30, 2025.
