DelphX Provides Strategic Update on Bitcoin Initiative and Institutional Financing Progress

About this update from Delphx Capital Markets, Inc.

DelphX Provides Strategic Update on Bitcoin Initiative and Institutional Financing Progress Toronto, Canada, March 24, 2026 (GLOBE NEWSWIRE) -- DelphX Capital Markets Inc. (“DelphX” or the “Company”) (TSXV: DELX) (OTCQB: DLPXF) is pleased to provide an update on the advancement of its previously announced Bitcoin treasury strategy and related institutional financing initiatives. The Company confirms that it is currently in final stage discussions with a leading global digital asset lender—recognized as one of the most active and established credit providers in the cryptocurrency sector—regarding a senior secured lending facility to support the initial phase of its Bitcoin treasury program. This facility is expected to form the foundational layer of capital for the strategy, subject to completion of customary compliance and credit review processes. In parallel, DelphX is actively engaging with institutional investors, investment banks and broker-dealers to structure and place a convertible debenture offering intended to complement the senior facility. This dual-layer capital approach is designed to optimize cost of capital while minimizing dilution and preserving long-term shareholder value. The Company anticipates initiating the strategy with an initial capital deployment target of approximately USD $50 million, to be deployed through a structured, rules-based monthly tranche acquisition program. This systematic approach is intended to provide consistent market exposure while mitigating timing risk and reducing reliance on discretionary trading decisions. In conjunction with this, DelphX is working toward the placement of approximately USD $18 million in convertible debentures as part of the broader capital structure supporting the strategy. These amounts reflect current expectations and remain subject to market conditions, investor participation, and completion of financing processes. DelphX believes its approach represents a differentiated evolution from conventional digital asset treasury (“DAT”) models, which have largely relied on equity issuance, dilution-heavy structures, or unhedged exposure to Bitcoin price volatility. The Company’s strategy is designed to integrate disciplined risk management, institutional-grade credit, and capital markets structuring into its treasury framework. A ...

View stock analysis, news, and events for Delphx Capital Markets, Inc.