DigitalX (ASX:DCC) received its bitcoin distribution valued at AU$5.7 million from the administrators of the Mt Gox Exchange, according to a Thursday Australian bourse filing.
The settlement follows legal proceedings stemming from the exchange's hacking, in which the company lost 351 bitcoins.
The company has yet to receive about 18.2 million yen from the settlement, which will be converted to Australian dollars and used as working capital once received, the filing said.
The company's shares were up 8% in recent Thursday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.