Bitcoins been around for over a decade, but it seems strange that there only appears to be one ASX listed stock that has exposure to it.
DCC seems the only way to play (invest) in bitcoin and crypto and the growing digital asset class.
DCC also seems to be the only institution who have publicly said they're working on a ASX listed Bitcoin ETF (despite overseas approval and success). This could be a nice revenue generator if/when this happens.
While billions of dollars are analysing hundreds of ASX companies and their yields and franking credits and P/E ratios and debt levels ... there appears only one company (DCC) that has the strongest growing balance sheet for the mere reason of owning Bitcoin.
Wouldn't be surprised if more companies started holding digital assets on their balance sheet rather than cash ... cash that's getting devalued by the day (due to inflation).
DCC the only BITCOIN ASX play?
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Last
4.9¢ |
Change
-0.004(7.55%) |
Mkt cap ! $42.45M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.3¢ | 4.8¢ | $66.30K | 1.326M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 173881 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
4.9¢ |
Change
-0.004 ( 9.26 %) |
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| Open | High | Low | Volume | ||
| 5.1¢ | 5.1¢ | 4.9¢ | 366578 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| DCC (ASX) Chart |