Digital Commodities Launches Silver Initiative Amid Renewed Interest in Physical Metal
Rhea-AI Summary
Digital Commodities Capital Corp (OTCQB: BCBCF) has announced its entry into the silver market with an initial acquisition of 10,000 units of the Sprott Physical Silver Trust (TSX: PSLV). This strategic move comes as global silver demand reached 1.21 billion ounces in 2024, creating a significant supply deficit of 182 million ounces despite a 1% increase in mine production to 837 million ounces.
The company is exploring opportunities to increase its silver exposure and is in discussions with a major North American mint to develop a branded line of silver bullion products. The initiative combines Digital Commodities' digital branding expertise with physical precious metals investment, launched strategically on March 31st, known as 'Buy Silver Day'.
Positive
- Strategic entry into physical silver market through PSLV investment
- Potential partnership with major North American mint for branded bullion products
- Timing aligns with significant market supply deficit of 182M ounces
Negative
- Initial investment of 10,000 PSLV units represents relatively small market position
- Branded bullion product line still in discussion phase, no confirmed agreements
News Market Reaction 1 Alert
On the day this news was published, BCBCF declined 12.00%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2025) - Digital Commodities Capital Corp. (CSE: RIPP) (OTCQB: BCBCF) (FSE: W040) ("Digital Commodities" or the "Company"), is pleased to announce the initial acquisition of 10,000 units of the Sprott Physical Silver Trust (TSX: PSLV) as part of its broader strategic commitment to the silver market. The Company is actively evaluating opportunities to increase its exposure to physical silver and related investments, including the potential acquisition of additional PSLV units in the near term.
This initiative comes amid increasing global attention on silver as both a critical industrial metal and a historic store of value. In 2024, global silver demand reached a record 1.21 billion ounces, marking the second-highest level on record. Despite a modest
In parallel, the Company is currently in discussions with a major North American mint to explore the development of a branded line of silver bullion products. This effort would combine Digital Commodities' expertise in digital branding and asset exposure with the timeless appeal of physical precious metals - offering shareholders and consumers alike a tangible connection to silver in its purest form.
"We've always believed in combining modern strategies with timeless value, and silver is one of the most underappreciated assets in the market today," said Brayden Sutton, CEO of Digital Commodities. "This is our first step toward building a meaningful footprint in the physical silver space. We're not only investing - we're looking to participate in the culture and momentum that surrounds silver, especially as global demand and awareness continue to rise."
This move is in alignment with Digital Commodities' broader mission to provide shareholders with targeted exposure to hard assets, commodities, and emerging alternative stores of value.
About Digital Commodities Capital Corp.
Digital Commodities Capital Corp. is an investment issuer that invests in digital and physical non-fiat assets, businesses and both private and publicly listed entities involved in high-growth industries, with a particular focus on hard commodities, cryptocurrencies and the resource sector.
On behalf of the board of directors of Digital Commodities
Brayden Sutton
Chief Executive Officer and Director
Investor Relations
Phone: (778)-656-0377
Email: info@digitalcommodities.com
Web: www.digitalcommodities.com
Disclaimer
Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events, or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the Company acquiring more PSLV units in the near term and the Company's discussions with a major North American mint to explore the development of a branded line of silver bullion products.
In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, that the Company will acquire more PSLV units in the near term and the Company will explore the development of a branded line of silver bullion products with a major North American mint.
These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that the Company will not acquire more PSLV units in the near term; that the Company will not explore the development of a branded line of silver bullion products with a major North American mint; and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246656
FAQ
What is Digital Commodities' (BCBCF) initial investment in silver through PSLV?
What was the global silver supply deficit in 2024 according to BCBCF's announcement?
What new product line is BCBCF planning to develop in the silver market?
When did BCBCF announce its silver market initiative?
