Digital Asset Acquisition Corp. to acquire Titan Strategics Holdings Ltd

Digital Asset Acquisition Corp. has agreed to acquire Titan Strategics Holdings Ltd in a strategic transaction valued at 250 million US dollars. The deal, announced on 8 October 2026, involves the transfer of equity shares as the sole form of consideration. Both the buyer and the target are registered in the Cayman Islands, placing the transaction within the energy sector. The reported figure represents the total equity value of the target company. No completion date has been confirmed at this stage, and the transaction remains in the firm intention phase. The parties have outlined the core terms, with the share-based structure indicating a direct equity exchange rather than a cash payment. This arrangement is typical for strategic acquisitions where the buyer seeks to consolidate ownership through capital instruments. The energy sector context suggests a focus on operational integration and asset consolidation. All details provided are based on the initial announcement, with no further financial adjustments or regulatory hurdles disclosed in the available data. The transaction is subject to standard closing conditions and regulatory approval.