Well they have cash in hand!
DigitalX Ltd had total cash and cash equivalents of US$$11.. 2m at quarter end..
In addition to its cash position , DigitalX held 489.68 Bitcoins ( valued at USD $44,250 /BBTC as at the end the Quarter)) with a value of US$$22,081,140 and 430.83 Ether ( valued at US $3300 /EETH as at the end of the Quarter)) with a value of US$$1129,249.. Bitcoin and Ether are hig hly liquid and can be converted into cash when required.. The total value of Ether and Bitcoin held at the end of the quarter was US$$ 2 , 210 , 389 (bbased on the prevailing prices at the end of the Quarter)) . The Company notes the va lue per Bitcoin is now over US$$66,100 .
DigitalX generated revenues of approximately US $ 21 4k from corporate advisory fees,, US $ 11k related to DigitalX Direct referral fees,, US $ 7 k from foreign exchange referral fees,, wh
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