Digital Currency X Technology Inc. (Nasdaq: DCX) shares fell 72.71% to 11 cents Friday after the digital asset treasury company announced a $5 million registered direct offering to institutional investors. The deal covers 23,809,530 Ordinary Shares or pre-funded warrants, each sold with Series A and Series B warrants at a combined price of $0.21. Series A warrants are exercisable at $0.44 for five years, while Series B warrants carry a $0.21 exercise price and expire after 30 days. Maxim Group LLC is the sole placement agent, and the transaction is expected to close on or about September 21, 2026, subject to customary conditions. DCX plans to use net proceeds for working capital and general corporate purposes, including acquiring, holding and staking digital assets and cryptocurrencies. The new securities would materially increase the company’s outstanding share float, while the stock was trading at a new 52-week low, according to Benzinga Pro data.