Mogo acquires 9% stake in Digital Commodities Capital Corp
Mogo Inc. (NASDAQ:MOGO), a Canadian fintech, today announced it has completed a strategic investment of approximately 9% in Digital Commodities Capital Corp.
Digital Commodities is a publicly listed investment issuer building a differentiated capital platform, primarily focused on acquiring and holding Bitcoin and physical gold. These hard, non-fiat assets serve as the foundation of the company’s treasury strategy and are intended to function as long-term reserves managed with discipline and transparency.
“We believe Digital Commodities is building something foundational, an asset-backed public company model built on Bitcoin and gold,” said Greg Feller, President & Co-founder of Mogo. “That’s a category-defining strategy we’re excited to be aligned with as both operators and long-term believers in Bitcoin.”
“We’re equally excited to work with Brayden Sutton and his team, who bring deep conviction, vision, and expertise to this emerging asset class,” added Greg Feller.
Mogo’s $1 million investment was made as part of Digital Commodities’ non-brokered private placement and consisted of a subscription for 13.3 million units priced at $0.075 per unit. Each unit of Digital Commodities consists of one common share and one warrant to purchase a common share exercisable at $0.10.
This investment will be held alongside Mogo’s other crypto-related investments, including its minority stake in Gemini, further advancing its strategic exposure to Bitcoin and the broader digital asset ecosystem.
This also supports Mogo’s broader vision as a dual-compounding platform, combining a high-growth fintech operating business with a strategic Bitcoin treasury. Earlier this month, Mogo announced board authorization to allocate up to $50 million to Bitcoin, reinforcing its long-term conviction in hard assets as the cornerstone of capital preservation and growth.