Digital Currency X Technology Inc. (NASDAQ:DCX) ("DCX" or the "Company"), a digital asset treasury management company, today announced that it has entered into a securities purchase agreement (the "Agreement") with certain investors for a private placement of an aggregate of US$700,000,000 of units of the Company (the "Units"). Each Unit consists of one Class A ordinary share, par value US$0.0001 per share (the "Ordinary Share"), and three warrants (the "Warrants"). The purchase price per Unit is US$2.11, and the Warrants have an exercise price of US$2.11 per share (subject to adjustment as set forth in the Warrants), are exercisable on or after June 24, 2026, and will expire three years after such date. The Company intends to use the proceeds from the private placement for working capital and general corporate purposes, including the continued execution of its digital asset treasury strategy and the expansion of its newly established AI cloud computing services business, further diversifying the Company’s revenue base.

The transaction advances the Company’s strategic transition from its legacy electric-vehicle manufacturing operations to a focused digital-asset treasury and technology business. By accepting Bitcoin, Ethereum, and other agreed digital assets as payment for the Units, DCX has aligned the financing mechanics with the assets it already holds, manages, and stakes, allowing the Company to grow its digital asset treasury directly, rather than solely through open-market purchases funded by cash proceeds.